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please help Required: Determine the missing amounts in each of the following four independent scenatios: a. X Company had a $4,700 beginning balance in accounts
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Required: Determine the missing amounts in each of the following four independent scenatios: a. X Company had a $4,700 beginning balance in accounts poyable on January 1 Year 8 . During Yoar 8 , the company inciared $67,600 of operating expenses on account and paid $68,900 cash to setzle accounts payable, Based on this information alone, determine the amount of the ending balance in accounts payable. b. X Company had a $5,300 ending balance in accounts payable on December 31 , Year 8 . During Year 8 , the company incurred $66,400 of operating expenses on account and paid $64,100 cash to settle accounts payable. Based on this information alone, determine the amount of the beginning balance in accounts payable. c. X Company had a $4,100 beginning balance in accounts payable on January 1, Year 8 . During Yeor B, the company incurred $67,600 of operating expenses on account. The ending balance in accounts payable was $4,800. Based on this information afone, determine the amount of cash paid to settle accounts payable. d. X Company had a $7.700 beginning batance in accounts payable on January 1. Year 8 . During Year 8 , the comipary paid $77300 cash to settle accounts payable. The ending balance in accounts payable was $9.800. Based on this information alone, detenmine the amount of expenses incurred on account Step by Step Solution
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