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eBook Show Me How Print Item Account Balances- a. During February, $75,140 was paid to creditors on account, and purchases on account were $96,180.
eBook Show Me How Print Item Account Balances- a. During February, $75,140 was paid to creditors on account, and purchases on account were $96,180. Assuming that the February 28 balance of Accounts Payable was $32,310, determine the account balance on February 1.1 b. On October 1, the accounts receivable account balance was $46,900. During October, $408,000 was collected from customers on account. Assuming that the October 31 balance was $53,900, determine the fees billed to customers on account during October. c. On April 1, the cash account balance was $17,880. During April, cash receipts totaled $271,780 and the April 30 balance was $12,870. Determine the cash payments made during April.
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