Accounts payable are:A) Amounts owed to suppliers for products and/or services purchased on credit.B) Amounts received in advance from customers for future services.C) Estimated liabilities.D) Not usually due on specific dates.E) Always payable within 30 days.

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Amandeep Singh · Accepted Answer

Final Answer : A, Explanation :  Accounts payable are amounts owed to suppliers for products and/or services purchased on credit.

Accounts payable are:

A) Amounts owed to suppliers for products and/or services purchased on credit.
B) Amounts received in advance from customers for future services.
C) Estimated liabilities.
D) Not usually due on specific dates.
E) Always payable within 30 days.

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