At October 1, 2022, Metz Industries Had an Accounts Payable

question 72

Multiple Choice

At October 1, 2022, Metz Industries 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, 2022, the Accounts Payable balance is

• A)$140,000 debit
• B)$20,000 credit
• C)$80,000 credit
• D)$160,000 credit

---

Definitions:

Biomedical Therapies

Treatments for mental disorders and other ailments that involve medication, surgery, or other medical interventions.

Psychiatrists

Medical doctors who specialize in diagnosing, preventing, and treating mental illness, often using medication as part of treatment.

Counselors

Professionals trained to provide guidance and support in personal, social, or psychological challenges, often through therapeutic conversations and strategies.

Social Workers

Professionals dedicated to helping individuals, families, and communities to cope with challenges and improve their well-being.