Accounts payable is a spontaneous source of funds that grows as the business expands.

Name: Accounts payable is a spontaneous source of funds that grows as the business expands.
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Accounts payable refers to the amount a company owes to its suppliers and vendors for goods or services purchased on credit. As a business expands and purchases more goods or services on credit, accounts payable increase, thus becoming a spontaneous source of funds.

Accounts Payable Is a Spontaneous Source of Funds That Grows