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    5. accounts payable is considered a part of what
    accounts payable is considered a part of what

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    0  Views: 1834 Answers: 2 Posted: 12 years ago
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      Money which a company owes to vendors for products and services purchased on credit. This item appears on the company's balance sheet as a current liability, since the expectation is that the liability will be fulfilled in less than a year. When accounts payable are paid off, it represents a negative cash flow for the company. Read more >>> http://www.investorwords.com/51/accounts_payable.html#ixzz2nIgeKkC5

      12 years ago. Rating: 1
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        A cllection department....WBMG

        12 years ago. Rating: 0
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