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melisa1 [442]
3 years ago
9

Solve for the missing amounts in the T-account given below. Assume that there is only one debit entry and one credit entry in th

e account during the month.a. Accounts Payable had a balance of $9,000 at the beginning of the month and $10,200 at the end of the month. During the month, purchases on account amounted to $18,300. Calculate the payments to suppliers during the month.b. Accounts Receivable had a balance of $10,700 at the beginning of the month and $9,900 at the end of the month. Cash collected from customers totaled $38,000 during the month. Calculate credit sales during the month, assuming that all sales were made on account.

Business
1 answer:
serg [7]3 years ago
8 0

Answer:

Payment to suppliers was $ 17,100

Credit sales was $37,200

Explanation:

Please refer to the attached for working.

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