se the information in each of the following separate cases to
calculate the unknown amount.
1 | ||
Total purchases on account | 293000 | |
Add: Decrease in Accounts Payable | 25500 | =164000-138500 |
Cash paid on accounts payable during October | 318500 | |
2 | ||
Cash collected from customers | 108890 | |
Less: Decrease in Accounts Receivable | 7500 | =108500-101000 |
Sales on account that occurred in October | 101390 | |
3 | ||
October 31 Cash balance | 24600 | |
Add: Cash disbursements | 115150 | |
Less: Cash receipts | 114500 | |
Cash balance on September 30 | 25250 |
se the information in each of the following separate cases to calculate the unknown amount. Corentine...
Use the information in each of the following separate cases to calculate the unknown amount. a. Corentine Co. had $172,000 of accounts payable on September 30 and $142,500 on October 31. Total purchases on account during October were $301,000. Determine how much cash was paid on accounts payable during October. b. On September 30, Valerian Co. had a $112,500 balance in Accounts Receivable. During October, the company collected $112,890 from its credit customers. The October 31 balance in Accounts Receivable...
Use the information in each of the following separate cases to calculate the unknown amount. a. Corentine Co. had $157,000 of accounts payable on September 30 and $135,000 on October 31. Total purchases on account during October were $286,000. Determine how much cash was paid on accounts payable during October. b. On September 30, Valerian Co. had a $105,000 balance in Accounts Receivable. During October, the company collected $105,390 from its credit customers. The October 31 balance in Accounts Receivable...
Saved Use the information in each of the following separate cases to calculate the unknown amount a. Corentine Co. had $152.000 of accounts payable on September 30 and $132,500 on October 31. Total purchases on account during October were $281000. Determine how much cash was pald on accounts payable during October b. On September 30, Valerian Co had $102,500 balance in Accounts Receivable. During October, the company collected $102.890 from its credit customers. The October 31 balance in Accounts Receivable...
Use the information in each of the following separate cases to calculate the unknown amount. a. Corentine Co. had $162,000 of accounts payable on September 30 and $137.500 on October 31. Total purchases on account during October were $291,000. Determine how much cash was paid on accounts payable during October b. On September 30, Valerian Co, had a $107,500 balance in Accounts Receivable. During October, the company collected $107,890 from its credit customers. The October 31 balance in Accounts Receivable...
Use the information in each of the following separate cases to calculate the unknown amount. e. Corentine Co. had $161,000 of accounts payable on September 30 and $137,000 on October 31. Total purchases on account during October were $290,000. Determine how much cash was paid on accounts payable during October. b. On September 30. Valerian Co. had a $107,000 balance in Accounts Receivable. During October, the company collected $107,390 from its credit customers. The October 31 balance in Accounts Receivable...
Use the information in each of the following separate cases to calculate the unknown amount. o. Corentine Co. had $152.000 of accounts payable on September 30 and $132,500 on October 31. Total purchases on account during October were $281,000. Determine how much cash was paid on accounts payable during October Accounts Payable Ending balance We were unable to transcribe this imageork Use the information in each of the following separate cases to cal a. Corentine Co. had $152,000 of accounts...
a. Corentine Co. had $171,000 of accounts payable on September 30 and $142,000 on October 31. Total purchases on account during October were $300,000. Determine how much cash was paid on accounts payable during October. b. On September 30, Valerian Co. had a $112,000 balance in Accounts Receivable. During October, the company collected $112,390 from its credit customers. The October 31 balance in Accounts Receivable was $108,000. Determine the amount of sales on account that occurred in October. c. During...
Required information Problem 2-8A Complete the steps in the measurement of external transactions (LO2-4,2-5, 2-6) (The following information applies to the questions displayed below.) Pirates Incorporated had the following balances at the beginning of September. PIRATES INCORPORATED Trial Balance September 1 Accounts Debits Credits Cash $ 5,700 Accounts Receivable 1,700 Supplies 6,800 Land 10,400 Accounts Payable $ 6,700 Notes Payable 2,200 Common Stock 8,200 Retained Earnings 7,500 Totals $24,600 $24,600 The following transactions occur in September. September 1 Provide services...
Question 1 View Policies Current Attempt in Progress Calculate the missing information in each of the following independent situations: Blossom Company Sunland Company Kingbird, Co. Supplies on hand, May 31, 2020 $780 $1,305 $955 3,755 3,055 2,305 Supplies purchased during the year 655 1355 1,705 Supplies on hand, May 31, 2021 5190 2,655 Supplies used during the year e Textbook and Media Attempts:0 of 3 used Save for Later OP € 2 O e o o ew ng Weekly Wildhorse...
Determine the missing amount from each of the separate situations given below. + Equity 37,000 + $ Assets = Liabilities + (a) | = | $ 155,000 + (b) $ 130,000 = $ 59,000 + | (c) | $ 213,000 = 1 + + $ 62,000 + Required informatione World Of Videos [The following information applies to the questions displayed below.) On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $84,200 in assets in exchange...