Accounts payable refer to the current?

Question

Answers:

• Liability of a business or an organization

• Asset of a business or an organization

• Expense of a business or organization

• Income of a business or organization

هيثم ناجى · Answer

the first choice is correct

liability

thanks for invitation

Ahmed Abdul-wadoud Mohamed · Answer

• Liability of a business or an organization - • refers to short-term debt payments to suppliers and banks.

mahmoud elhawary · Answer

Liability of a business or an organization

Wilfredo Quito · Answer

Accounts payable represents the amount of money a company owes to its supplier for the purchase of goods or services on credit.

The accounts payable account is listed as a current liability because a company must pay its debt in a short period of time.

Renshin Raj · Answer

CURRENT LIABILLITY OF A BUSINESS

Deleted user · Answer

Recognizes as a liability & recorded as a Current Liability becuse normally the repayment term is within days to not more than days.

Anas Touqan · Answer

Liability of a business or an organization ,,,,,,,,,,,,,,,,,,