Question 8 Not yet answered Marked out of 1.00 p Flag question At October 1, 2011, Padilla Industries had an accounts payable balance of $30,000. During the month, the company made purchases on account of $25,000 and made payments on account of $40,000. At October 31, 2011, the accounts payable balance is CLO 2 Select one: o a. $40,000 b. $10,000. C. $30,000. d. $15,000. p Flag question Marked out of 1.00 Not yet answered Question 9 uh assets that will be converted into cash or used up within one year or an operating cycle are