What are accounts payable? - Practice (English) | ObjectiveMcq

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What are accounts payable? - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementFinancial Reporting And AnalysisWhat are accounts payable?...

Financial Reporting And Analysis Business ManagementEasy

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What are accounts payable?

Correct Answer:

(B) Amounts owed by the company to suppliers for goods or services purchased on credit

Explanation:

Amounts owed by the company to suppliers for goods or services purchased on credit

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