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At October 1 , 2 0 2 5 , a company had an Accounts Payable balance of $ 1 4 0 , 0 0 0

At October 1,2025, a company had an Accounts Payable balance of $140,000. During the month, the company made purchases on account of $100,000 and made payments on account of $160,000. At October 31,2025, the Accounts Payable balance is
$80,000 credit.
$20,000 credit.
$160,000 credit.
$140,000 debit.
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