Corentine co. had $166,000 of accounts payable on september 30 and $139,500 on october 31. total purchases on account during october were $295,000. determine how much cash was paid on accounts payable during october. on september 30, valerian co. had a $109,500 balance in accounts receivable. during october, the company collected $109,890 from its credit customers. the october 31 balance in accounts receivable was $103,000. determine the amount of sales on account that occurred in october. during october, alameda company had $116,500 of cash receipts and $117,150 of cash disbursements. the october 31 cash balance was $25,600. determine how much cash the company had at the close of business on september 30.

Determine how much cash was paid on accounts payable during October.

321500

Determine the amount of sales on account that occurred in October

102610

Determine how much cash the company had at the close of business on September 30

26250

Explanation:

Account Payable    

sep-30               166000+  

Purchases       295000+  

Paid                                 x=321500-

oct-31                139500-  

Accoun Receivable    

sep-30               109500+  

Collected        109890-  

credit sales                 x=102610+

oct-31              103000+    

Cash    

sep-30                     x=  26250+

Cash receipts          116500-  

Cas disbursment   117150+  

oct-31                 25600+  

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