Question
Corentine Co. had $164,000 of accounts payable on September 30 and $138,500 on October 31. Total purchases on account during October were $293,000. Determine how
Corentine Co. had $164,000 of accounts payable on September 30 and $138,500 on October 31. Total purchases on account during October were $293,000. Determine how much cash was paid on accounts payable during October.
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Financial Accounting
Authors: Robert F. Meigs, Jan R. Williams, Susan F Haka, Mark S. Bettner
10th Edition
0072316373, 978-0072316377
