Question: Please Help!! Thank you in advance!! Solve for the missing amounts in the T-account given below. Assume that there is only one debit entry and

Please Help!! Thank you in advance!!  Please Help!! Thank you in advance!! Solve for the missing amounts
in the T-account given below. Assume that there is only one debit

Solve for the missing amounts in the T-account given below. Assume that there is only one debit entry and one credit entry in the account during the month Required: a. Accounts Payable had a balance of $4,200 at the beginning of the month and $5,800 at the end of the month During the month, purchases on account amounted to $9,700 Calculate the payments to suppliers during the month Accounts Payable Beginning balance Purchases on account Ending balance Payments to suppliers b. Accounts Receivable had a balance of $23.800 at the beginning of the month and $21,000 at the end of the month. Cash collected from customers totaled $82,000 during the month. Calculate credit sales during the month assuming that all sales were made on account Accounts Receivable Beginning balance Credit sales Ending balance Collections from customers

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