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Lena [83]
2 years ago
13

A decrease in notes payable ___ cash and an increase in accounts payable___ cash

Business
1 answer:
Andrei [34K]2 years ago
7 0

A decrease in notes payable <u>increase</u> cash and an increase in accounts payable <u>decrease</u> cash.

Money owed payable is money owed through an enterprise to its suppliers shown as a legal responsibility on a corporation's stability sheet. it's miles wonderful from notes payable liabilities, which might be money owed created by means of formal prison tool files.

If a take a look at or cash order is made payable to you, it has your call written on it to indicate that you are the person that will acquire the money.

Accounts payable (AP) is an accounting time period used to explain the money owed to carriers or suppliers for goods or services bought on credit score.

Learn more about payable here brainly.com/question/25148915

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