Explain About Accounts Payable?

1.	Explain About Accounts Payable?
Answer» Accounts payable is nothing but MONEY which a company NEED to pay to vendors for goods and services purchased on credit. Accounts payable is a current LIABILITY of a company. This item appears on liability side of a BALANCE SHEET. Accounts payable is nothing but money which a company need to pay to vendors for goods and services purchased on credit.

Answer»

Accounts payable is nothing but MONEY which a company NEED to pay to vendors for goods and services purchased on credit.

Accounts payable is nothing but money which a company need to pay to vendors for goods and services purchased on credit.

Discussion