Dog Exercise 2-7 (Algo) Analyzing account entries and balances LO A1Use the information in each of the following separate cases to calculate the unknown amount.a. Corentine Company had $164,000 of accounts payable on September 30 and $138,500 on October 31. Total purchases on creditduring October were $293,000. Determine how much cash was paid on accounts payable during October.b. On September 30, Valerian Company had a $108,500 balance in Accounts Receivable. During October, the company collected$108,890 from its credit customers. The October 31 balance in Accounts Receivable was $101,000. Determine the amount ofsales on credit that occurred in October.c. During October, Alameda Company had $114,500 of cash receipts and $115,150 of cash disbursements. The October 31 Cashbalance was $24,600. Determine how much cash the company had at the close of business on September 30.Complete this question by entering your answers in the tabs below.Required A Required BRequired COn September 30, Valerian Company had a $108,500 balance in Accounts Receivable. During October, the company collected$108,890 from its credit customers. The October 31 balance in Accounts Receivable was $101,000. Determine the amount ofsales on credit that occurred in October.Ending balanceAccounts Receivable< Required A$Required C0

Name: Dog Exercise 2-7 (Algo) Analyzing account entries and balances LO A1Us
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Dog Exercise 2-7 (Algo) Analyzing account entries and balances LO A1Use the information in each of the following separate cases to calculate the unknown amount.a. Corentine Company had $164,000 of accounts payable on September 30 and $138,500 on Octo