EX 2-12 Account balances a. During July, 590,300 was paid to creditors on account, and purchases on account were $115,1990. Assuming that the July 31 balance of Accounts Payable was $39,000 determine the account balance on July 1 b. On May 1, the accounts receivable account balance was 536.200. During May, $315,000 was collected from customers on account. Assuming that the May 31 balance was 541,600, determine the fees billed to customers on account during May c. On April 1, the cash account balance was $18.275. During April. cash receipts fotalled $279,100, and the April 30 balance was $13,200. Determine the cash payments made during April