The t account for the AP is needed 58 Allister's payables'...
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Accounting
The t account for the AP is needed 
58 Allister's payables' ledger control account has a balance at 1 October 20x8 of $34,500 credit. During October, credit purchases were $78,400, cash purchases were $2,400 and payments made to suppliers, excluding cash purchases, and after deducting settlement discounts of $1,200, were $68,900. Purchase returns were $4,700. What was the closing balance on the payables' ledger control account? $
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