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Using the information provided below, reconstruct the accounts payable account to determine the cash paid during the reporting period. Opening accounts balance $3,950 Credit purchases
Using the information provided below, reconstruct the accounts payable account to determine the cash paid during the reporting period.
Opening accounts balance
$3,950
Credit purchases during the period
12,833
Closing account payable
8,756
Accounts Payable
Cash paid
Opening balance
$3,950
Closing accounts payable
$8,756
Credit purchases
$12,833
Balance c/f
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