At October 1, 2014, 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, 2014, the accounts payable balance is

1. $25,000

2. $41,000

3. $121,000

QUESTION 9 1 points 1. At October 1, 2014, 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 31,2014 , the accounts payable balance is $25,000.$41,000.$55,000