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Project Description:During February, 92,090, was paid to creditors on account, and purchases on account were $117,880. Assuming the February 28 balance of Accounts payablewas 39,600,

Project Description:During February, 92,090, was paid to creditors on account, and purchases on account were $117,880. Assuming the February 28 balance of Accounts payablewas 39,600, determine the account balance on february.

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