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Exercise 2-7 (Algo) Analyzing account entries and balances LO A1 Use the information in each of the following separate cases to calculate the unknown amount: a. Corentine Company had $165,000 of accounts payable on September 30 and $139,000 on October 31 . Total purchases on credit during October were $294,000. Determine how much cash was paid on accounts payable during October. b. On September 30 , Valerian Company had a $109,000 balance in Accounts Recelvable. During October, the company collected $109,390 from its credit customers. The October 31 balance in Accounts Receivable was $102,000. Determine the amount of sales on credit that occurred in October. c. During October, Alameda Company had $115,500 of cash receipts and $116,150 of cash disbursements. The October 31 Cash balance was $25,100. 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. Corentine Company had $165,000 of accounts payable on September 30 and $139,000 on October 31 . Total purchases on credit during October were $294,000. Determine how much cash was paid on accounts payable during October