During February, $80,110 was paid to creditors on account, and purchases on account were $102,540. Assuming that the February 28 balance of Accounts Payable was $34,450, determine the account balance on February 1. $fill in the blank 1 b. On October 1, the accounts receivable account balance was $30,300. During October, $263,600 was collected from customers on account. Assuming that the October 31 balance was $34,800, determine the fees billed to customers on account during October. $fill in the blank 2 c. On April 1, the cash account balance was $13,620. During April, cash receipts totaled $207,020 and the April 30 balance was $9,810. Determine the cash payments made during April. $fill in the blank 3

a. Accounts Payable on February 1 = $12,020

b. The fees billed to customers on account during October = $268,000

c. The cash payments made during April = $210,810

Explanation:

a) Data and Calculations:

1. Accounts payable:

February 1 = $12,020

Purchases     102,540

Payment          (80,110)

February 28 $34,450

2. Accounts Receivable:

October 1 balance    $30,300

Fees                          268,000

Collections               263,600

October 31 balance $34,800

3. Cash:

April 1 balance        $13,600

Receipts                 207,020

Payments                210,810

April 30 balance      $9,810

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough

a

explanation:

reducti0n

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