Use the information in each of the following separate cases to calculate the unknown amount. Corentine Co. had $160,000 of accounts payable on September 30 and $136,500 on October 31. Total purchases on credit during October were $289,000. Determine how much cash was paid on accounts payable during October. On September 30, Valerian Co. had a $106,500 balance in Accounts Receivable. During October, the company collected $106,890 from its credit customers. The October 31 balance in Accounts Receivable was $97,000. Determine the amount of sales on credit that occurred in October. During October, Alameda Company had $110,500 of cash receipts and $111,150 of cash disbursements. The October 31 Cash balance was $22,600. Determine how much cash the company had at the close of business on September 30.

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)