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cluponka [151]
4 years ago
14

What is the term used to describe amounts ima business owes to suppliers?

Business
1 answer:
Mama L [17]4 years ago
4 0

Answer:

Accounts Payable: Describes all money a business owes to vendors and suppliers for purchases of goods and services made on credit. Often listed in sum on the balance sheet as “current liability"

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6 0
3 years ago
Miller Co. classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are ex
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