Corentine Company had $156,000 of accounts payable on September 30 and $134,500 on October 31. Total purchases on credit during October were $285,000. Determine how much cash was paid on accounts payable during October.
Corentine Company had $156,000 of accounts payable on September 30 and $134,500 on October 31. Total purchases on credit during October were $285,000. Determine how much cash was paid on accounts payable during October.