Question

Accounts payable Multiple Choice are long-term liabilities. are amounts owed to suppliers for products and services...

Accounts payable

Multiple Choice

  • are long-term liabilities.

  • are amounts owed to suppliers for products and services purchased on credit.

  • have specific due dates.

  • all of these.

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Answer #1

from the above summary we can conclude that Accounts Payable are amounts owed to Suppliers for products and Services Purchased on Credit.

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