# Account Balancesa.  During February, \$85,860 was paid to creditors on account, and purchases on account were \$109,900. Assuming that the February 28 balance of Accounts Payable was \$36,920, determine the account balance on February 1.\$b.  On October 1, the accounts receivable account balance was \$40,300. During October, \$350,600 was collected from customers on account. Assuming that the October 31 balance was \$46,300, determine the fees billed to customers on account during October.\$c.  On April 1, the cash account balance was \$18,690. During April, cash receipts totaled \$284,090 and the April 30 balance was \$13,460. Determine the cash payments made during April.\$

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Account Balances

a.  During February, \$85,860 was paid to creditors on account, and purchases on account were \$109,900. Assuming that the February 28 balance of Accounts Payable was \$36,920, determine the account balance on February 1.
\$

b.  On October 1, the accounts receivable account balance was \$40,300. During October, \$350,600 was collected from customers on account. Assuming that the October 31 balance was \$46,300, determine the fees billed to customers on account during October.
\$

c.  On April 1, the cash account balance was \$18,690. During April, cash receipts totaled \$284,090 and the April 30 balance was \$13,460. Determine the cash payments made during April.
\$

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