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What the accounts payable balance

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Question - At October 1, Padilla Industries had an accounts payable balance of $40,000. During the month, the company made purchases on account of $33,000 and made payments on account of $48,000. At October 31, what the accounts payable balance?

a. $25,000.

b. $121,000.

c. $41,000.

d. $55,000.

Reference no: EM133040230

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