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.
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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