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What is the October 31 balance of Accounts Payable and receivable?
The October 31 balance of Accounts Payable is $1,300 ($2,200 - $900), and would be reported in the liabilities section of the residuum canvass. iii. The October 31 balance of Accounts Receivable is $i,800 ($3,000 - $ane,200), and would be reported in the assets department of the remainder canvas.
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