An Accounts Payable normally results from which of the following transactions?
A) Purchasing accounts for cash.
B) Purchasing property, plant and equipment on credit.
C) Purchasing goods and services from suppliers on credit.
D) All of these.

Question

Quizplus · Accepted Answer

Accounts Payable typically arises from purchasing goods and services from suppliers on credit.

An Accounts Payable Normally Results from Which of the Following