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11 At the beginning of the current year, our Accounts Payable is $40,000. During the year, we pay $35,000 of the Accounts Payable, and we

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11 At the beginning of the current year, our Accounts Payable is $40,000. During the year, we pay $35,000 of the Accounts Payable, and we incur expenses, on account, of $39,000. What is the balance of Accounts Payable at the end of the current year? $44,000 B $36,000 $114,000 D Some other amount

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