Business, 21.10.2020 16:01 blymouton13

Corentine Co. had $154,000 of accounts payable on September 30 and $133,500 on October 31. Total purchases on account during October were $283,000. Determine how much cash was paid on accounts payable during October. On September 30, Valerian Co. had a $103,500 balance in Accounts Receivable. During October, the company collected $103,890 from its credit customers. The October 31 balance in Accounts Receivable was $91,000. Determine the amount of sales on account that occurred in October. During October, Alameda Company had $104,500 of cash receipts and $105,150 of cash disbursements. The October 31 Cash balance was $19,600. Determine how much cash the company had at the close of business on September 30.

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Corentine Co. had $154,000 of accounts payable on September 30 and $133,500 on October 31. Total pur...

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