During February, $75,150 was paid to creditors on account, and purchases on account were $96,190. Assuming the February 28 balance of Accounts Payable was $32,310, determine the account balance on February 1.

Answers

Answer 1

Answer:

$45,000

Explanation:

Given the above information, the account balance on February 1 is computed below;

Balance of account payable Feb 28 + Cash paid to creditors in February - Purchases on account

= $59,900 + $186,500 - $201,400

= $45,000

Therefore, the account balance on February 1 is $45,000


Related Questions

Other Questions
What is the length of the hypotenuse? David has a brain tumor that is inoperable. He has said that he would promise to be a better person if he could survive. He begs to be allowed to live long enough to see Alaska and the northern lights. Which stage of processing death is he experiencing In a situation where an individual consumes too much of a nutrient to the point of toxicity, how long would it take for the effects to be reversed? Please provide an example of a toxicity disease with long and short-term effects. Need help with this question!! Under Justinian, the Byzantine Empire rose to power by:A forming alliances with powerful Muslim empires B. defeating the Mongol forces that invaded eastern Europe C. isolating itself from trade and conflict with foreign powers. D. capturing land that had been part of the Roman Empire What are the si units please help :),)))) Find the circumference of a circle with a radius of 6 cm.Hi besties i need. help ASAP please and. ty In Q R S s = 7.9 cm Q = 125 and R = 23 '. Find the length of q, to the nearest 10th of a centimeter. Answer- 12.2 Which is not a solution of 5g - 6 => 24?A. g=6B. g=10C. g. 20D. g=-8 WILL MARK BRAINLIESTWhat is the focal point of the image?Describe the surrounding area.How does the image make you feel?What do you think is the photographers purpose of this photo? 30 POINTS I WILL GIVE U BRAINLIEST AND THANKS AND 5 STARS please help this is very important this is a big part of my grade Jina has scored 79, 85, 89 and 68 on her previous four tests. What score does she need on her next test so that her mean is 80? Help me with this please What I Can DoDivedions Identify the meaning of words if it is a connotation, write C, and if it is adenototion, write D. Write your answer on the blankL Bluea. Mommy, please buy me a blue bikeb. Linda got low score in her test. She is blue2 Snotrealito sow a big snake in their backyardb. Mario is a snake. He betrayed his best friend.3. Coola. The weather is very coolb. I like your jacket. It is very cool4. Cheapa Linda goes with different men that's why she is being called cheap.b. The dress in the store is cheap.5. Rotsa Rats lived in a dark place.b. Rats! I left my pocketbook in the car. the radius of a circle is 14.2 m. Find the circumference to the nearest tenth. The amount of rona cases in Gotham city is 540 people for the first of 2020. In July, a rona spike at the rate of 5.2 people for each day in the month hits. Additionally, the joker has infected all of Arkham Asylums 225 patients with the virus. What month will you hit 1,000 cases of rona in Gotham? NEED HELP HERE PLEASE!! Give the value of the six trigonometric ratios in the figure. Imani is a scientist working with a cylindrical beaker. The base of the right cylinder has a diameter of 19 cm. She fills thebeaker with 2256.254 Cms of an acid. Approximately how high did the acid fill up the beaker? Electrical charge of an alpha particle is,A. +1B. +2C. +3D. +4