An Accounts Payable normally results from which of the following transactions?
A)Purchasing accounts for cash
B)Purchasing land on credit
C)Purchasing goods and services from suppliers on credit
D)Purchasing buildings and equipment on credit

Question

Quizplus · Accepted Answer

Accounts Payable typically arises from purchasing goods and services from suppliers on credit, which is a common business transaction.

An Accounts Payable Normally Results from Which of the Following