Corentine Company had $152,000 of accounts payable on September 30 and $132,500 on October 31. Total purchases on during October were $281,000. Determine how much cash was paid on accounts payable during October. - On September 30, Valerian Company had a $102,500 balance in Accounts Receivable. During October, the company collec $102,890 from its credit customers. The October 31 balance in Accounts Receivable was $89,000. Determine the amount of on credit that occurred in October. . During October, Alameda Company had $102,500 of cash receipts and $103,150 of cash disbursements. The October 31 Cas balance was $18,600. Determine how much cash the company had at the close of business on September 30.

Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter8: Receivables
Section: Chapter Questions
Problem 8.6APR: Sales and notes receivable transactions The following were selected from among the transactions...
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PUSI The Journal Entries From
HAPTER 2 6
Saved
Use the information in each of the following separate cases to calculate the unknown amount.
a. Corentine Company had $152,000 of accounts payable on September 30 and $132,500 on October 31. Total purchases on cr-
during October were $281,000. Determine how much cash was paid on accounts payable during October.
b. On September 30, Valerian Company had a $102,500 balance in Accounts Receivable. During October, the company collecte
$102,890 from its credit customers. The October 31 balance in Accounts Receivable was $89,000. Determine the amount of sa
on credit that occurred in October.
c. During October, Alameda Company had $102,500 of cash receipts and $103,150 of cash disbursements. The October 31 Cash
balance was $18,600. 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.
Required A
Required B Required C
On September 30, Valerian Company had a $102,500 balance in Accounts Receivable. During October, the company collected
$102,890 from its credit customers. The October 31 balance in Accounts Receivable was $89,000. Determine the amount of
sales on credit that occurred in October.
Accounts Receivable
Ending balance
Required A
Required C >
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Transcribed Image Text:PUSI The Journal Entries From HAPTER 2 6 Saved Use the information in each of the following separate cases to calculate the unknown amount. a. Corentine Company had $152,000 of accounts payable on September 30 and $132,500 on October 31. Total purchases on cr- during October were $281,000. Determine how much cash was paid on accounts payable during October. b. On September 30, Valerian Company had a $102,500 balance in Accounts Receivable. During October, the company collecte $102,890 from its credit customers. The October 31 balance in Accounts Receivable was $89,000. Determine the amount of sa on credit that occurred in October. c. During October, Alameda Company had $102,500 of cash receipts and $103,150 of cash disbursements. The October 31 Cash balance was $18,600. 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. Required A Required B Required C On September 30, Valerian Company had a $102,500 balance in Accounts Receivable. During October, the company collected $102,890 from its credit customers. The October 31 balance in Accounts Receivable was $89,000. Determine the amount of sales on credit that occurred in October. Accounts Receivable Ending balance Required A Required C > < Prev 7 of 7 Next> MacBook Air DII DD 888 F9 F7 F8 F5 F4 F2 @ #3 $ 7 2 3 .T Y W この * CO 出
CHAPTER 2
Saved
Use the information in each of the following separate cases to calculate the unknown amount.
a. Corentine Company had $152,000 of accounts payable on September 30 and $132,500 on October 31. Total purchases on
during October were $281,000. Determine how much cash was paid on accounts payable during October.
b. On September 30, Valerian Company had a $102,500 balance in Accounts Receivable. During October, the company collect
$102,890 from its credit customers. The October 31 balance in Accounts Receivable was $89,000. Determine the amount of
on credit that occurred in October.
c. During October, Alameda Company had $102,500 of cash receipts and $103,150 of cash disbursements. The October 31 Cas
balance was $18,600. 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.
Required A
Required B
Required C
During October, Alameda Company had $102,500 of cash receipts and $103,150 of cash disbursements. The October 31 Cash
balance was $18,600. Determine how much cash the company had at the close of business on September 30.
es
Cash
Ending balance
< Required B
Required C>
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Transcribed Image Text:CHAPTER 2 Saved Use the information in each of the following separate cases to calculate the unknown amount. a. Corentine Company had $152,000 of accounts payable on September 30 and $132,500 on October 31. Total purchases on during October were $281,000. Determine how much cash was paid on accounts payable during October. b. On September 30, Valerian Company had a $102,500 balance in Accounts Receivable. During October, the company collect $102,890 from its credit customers. The October 31 balance in Accounts Receivable was $89,000. Determine the amount of on credit that occurred in October. c. During October, Alameda Company had $102,500 of cash receipts and $103,150 of cash disbursements. The October 31 Cas balance was $18,600. 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. Required A Required B Required C During October, Alameda Company had $102,500 of cash receipts and $103,150 of cash disbursements. The October 31 Cash balance was $18,600. Determine how much cash the company had at the close of business on September 30. es Cash Ending balance < Required B Required C> < Prev 7 of 7 E Next MacBook Air DII DD F5 F6 F7 F8 FO F2 F3 F4 # $ & 2 3 4 6 7 W R Y K * 00
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