Corentin Co had $152,000 of accounts payable on September 30 and $132,500 on October 31. Total purchases

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Corentin 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.

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Posted Date: Jan 02, 2021 05:12 AM

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Corentin Co had $152,000 of accounts payable on September 30 and $132,500 on October 31. Total purchases

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Decrease in account payable 152000132500 ... View the full answer

Intermediate Accounting

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