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Accounts Payable had a balance of $3,800 at the beginning of the month and $5,000 at the end of the month. During the month, purchases

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Accounts Payable had a balance of $3,800 at the beginning of the month and $5,000 at the end of the month. During the month, purchases on account amounted to $8,500. Calculate the payments to suppliers during the month. assuming that all sales were made on account. Complete this question by entering your answers in the tabs below. Accounts Receivable had a balance of $23,000 at the beginning of the month and $20,600 at the end of the month. Cash collected from customers totaled $80,000 during the month. Calculate credit sales during the month, assuming that all sales were made on account. Mini-Exercise 4-5 (Algo) Transaction analysis using T-accounts LO 4-6, 4-7 Solve for the missing amounts in the T-account given below. Assume that there is only one debit entry and one credit entry in'the account during the month. Required: a. Accounts Payable had a balance of $3,800 at the beginning of the month and $5,000 at the end of the month. During the month, purchases on account amounted to $8,500. Calculate the payments to suppliers during the month. b. Accounts Recelvable had a balance of $23,000 at the beginning of the month and $20,600 at the end of the month. Cash collected from customers totaled $80,000 during the month. Calculate credit sales during the month, assuming that all sales were made on account. Complete this question by entering your answers in the tabs below. Accounts Payable had a balance of $3,800 at the beginning of the month and $5,000 at the end of the month. During the month, purchases on account amounted to $8,500. Calculate the payments to suppliers during the month

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