At October 1, 2021, Padilla Industries Had an Accounts Payable

question 134

Multiple Choice

At October 1, 2021, 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, 2021, the accounts payable balance is

• A)$25,000.
• B)$41,000.
• C)$55,000.
• D)$121,000.

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Definitions:

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A difference or contrast between similar things or people, often highlighting a unique feature or quality.

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A deeply emotional and typically passionate form of love that involves a strong attraction and desire for intimacy with another.

Affectionate Love

A type of love that is deep and caring, often characterized by physical closeness, emotional support, and personal intimacy.