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

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.