Account Payable: a record of all short-term (less than 12 months) invoices, bills, and other liabilities yet to be paid. Examples of accounts payable include invoices for goods or services, bills forutilities,s and tax payments due.
Account Payable
Account Payable: a record of all short-term (less than 12 months) invoices, bills, and other liabilities yet to be paid. Examples of accounts payable include invoices for goods or services, bills forutilities,s and tax payments due.