Meaning of Accounts Payable

How we at Bookkeeping Support Define the Meaning of Accounts Payable:

The sums owed by a business to its suppliers for products or services that were ordered on credit but haven’t yet been paid are shown in accounts payable.

How AI Define the Meaning of Accounts Payable:

Accounts Payable: Money owed by a company to its suppliers for goods or services received but not yet paid for.

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