Business, 08.10.2020 04:01, katelynn73

Corentine Co. had $169,000 of accounts payable on September 30 and $141,000 on October 31. Total purchases on account during October were $298,000. Determine how much cash was paid on accounts payable during October. On September 30, Valerian Co. had a $111,000 balance in Accounts Receivable. During October, the company collected $111,390 from its credit customers. The October 31 balance in Accounts Receivable was $106,000. Determine the amount of sales on account that occurred in October. During October, Alameda Company had $119,500 of cash receipts and $120,150 of cash disbursements. The October 31 Cash balance was $27,100. Determine how much cash the company had at the close of business on September 30.

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Corentine Co. had $169,000 of accounts payable on September 30 and $141,000 on October 31. Total pur...