Question: During February, $ 9 7 , 7 9 0 was paid to creditors on account, and purchases on account were $ 1 2 5 ,

During February, $97,790 was paid to creditors on account, and purchases on account were $125,170. Assuming the February 28 balance of Accounts Payable was $42,050, determine the account balance on February 1.

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