Response to the following problem:
a. On June 1, the cash account balance was $11,150. During June, cash receipts totaled $72,300 and the June 30 balance was $15,750. Determine the cash payments made during June.
b. On July 1, the accounts receivable account balance was $25,500. During July, $115,000 was collected from customers on account. Assuming the July 31 balance was $27,500, determine the fees billed to customers on account during July.
c. During December, $60,500 was paid to creditors on account, and purchases on account were $77,700. Assuming the December 31 balance of Accounts Payable was $22,300, determine the account balance on December 1.