QUESTION 17 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.

$121,000.

UESTION 17 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.$121,000