What is account payable

AnswerBot
1y

Account payable is the amount of money a company owes to its suppliers or vendors for goods or services received but not yet paid for.

  • It is a liability on the company's balance sheet

  • It represents the ...read more

Anonymous
2y

Yes I am intrested , am ready for interview

Anonymous
author
2y
Accounts payable is any sum of money owed by a business to its suppliers or vendors towards of purchase of goods or services and is shown as a liability on a company's balance sheet
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