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During February, $184,150 was paid to creditors on account, and purchases on account were $202,750. Assuming the February 28 balance of Accounts Payable was $57,610,
During February, $184,150 was paid to creditors on account, and purchases on account were $202,750. Assuming the February 28 balance of Accounts Payable was $57,610, determine the account balance on February 1. $ On October 1, the accounts receivable account balance was $116,330. During October, $446,050 was collected from customers on account. Assuming the October 31 balance was $131,000 determine the fees billed to customers on account during October. S On April 1, the cash account balance was $45,700. During April, cash receipts totaled $247,150 and the April 30 balance was $56,790. Determine the cash payments made during April. $
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