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Exercise 2-6 Analyzing account entries and balances LO A1 Use the information in each of the following separate cases to calculate the unknown amount Exercise

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Exercise 2-6 Analyzing account entries and balances LO A1 Use the information in each of the following separate cases to calculate the unknown amount Exercise 2-6 Analyzing account entries and balances LO A1 Use the information in each of the following separate cases to calculate the unknown amount a. Corentine Co had $162,000 of accounts payable on September 30 and $137,500 on October 31. Total purchases on account during October were $291,000 Determine how much cash was paid on accounts payable during October b. On September 30, Valerian Co. had a $107.500 balance in Accounts Receivable. During October, the company collected $107,890 from its credit customers. The October 31 balance in Accounts Receivable was $99.000. Determine the amount of sales on account that occurred in October c. During October, Alameda Company had $112.500 of cash receipts and $113,150 of cash disbursements. The October 31 Cash balance was $23,600. Determine how much cash the company had at the close of business on September 30. Complete this question by entering your answers in the tabs below. Tences Required A Required B Required Corentine Co. had $162,000 of accounts payable on September 30 and $137,500 on October 31. Total purchases on account during October were $291,000. Determine how much cash was paid on accounts payable during October Accounts Payable Ending balance D Required B >

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