On April 1, the cash account balance was $21,690. During April, cash receipts totaled $329,690 and the April 30 balance was $15,620. Determine the cash payments made during April.

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter2: Introduction To Financial Statements
Section: Chapter Questions
Problem 7EA: Forest Company had the following transactions during the month of December. What is the December 31...
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On April 1, the cash account balance was
$21,690. During April, cash receipts totaled
$329,690 and the April 30 balance was $15,620.
Determine the cash payments made during April.
Transcribed Image Text:On April 1, the cash account balance was $21,690. During April, cash receipts totaled $329,690 and the April 30 balance was $15,620. Determine the cash payments made during April.
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