Use the information in each of the following separate cases to calculate the unknown amount.
a. During October, Alcorn Company had $104,750 of cash receipts and $101,607 of cash disbursements. The October 31 Cash balance was $17,069. Determine how much cash the company had at the close of business on September 30.
b. On September 30, Mordish Co. had a $83,250 balance in Accounts Receivable. During October, the company collected $75,924 from its credit customers. The October 31 balance in Accounts Receivable was $85,830. Determine the amount of sales on account that occurred in October.
c. Strong Co. had $148,000 of accounts payable on September 30 and $137,492 on October 31. Total purchases on account during October were $271,876. Determine how much cash was paid on accounts payable during October.
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