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Cengage Learning - Google Chrome nmentMain.do?inprogress=true eBook Show Me How Calculator Account Balances a. During February, $93,070 was paid to creditors on account, and purchases
Cengage Learning - Google Chrome nmentMain.do?inprogress=true eBook Show Me How Calculator Account Balances a. During February, $93,070 was paid to creditors on account, and purchases on account were $119,130. Assuming the February 28 balance of Accounts Payable was $40,020, determine the account balance on February 1. b. On October 1, the accounts receivable account balance was $44,000. During October, $382,800 was collected from customers on account. Assuming the October 31 balance was $50,600, determine the fees billed to customers on account during October c. On April 1, the cash account balance was $21,440. During April, cash receipts totaled $325,890 and the April 30 balance was $15,440. Determine the cash payments made during April
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