Account Balances a. During February, $98,910 was paid to creditors on account, and purchases on account were $126,600. Assuming that the February 28 balance of Accounts Payable was $42,530, determine the account balance on February 1. b. On October 1, the accounts receivable account balance was $41,100. During October, $357,600 was collected from customers on account. Assuming that the October 31 balance was $47,300, determine the fees billed to customers on account during October c. On April 1, the cash account balance was $11,540. During April, cash receipts totaled