Accounts payable are accounts that you expect will be paid to you.

Name: Accounts payable are accounts that you expect will be paid to you.
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Question

Quizplus · Accepted Answer

Accounts payable are amounts that a company owes to its creditors or suppliers for goods or services that have been received but not yet paid for. Therefore, it is not what you expect will be paid to you, but rather what you owe to others.

Accounts Payable Are Accounts That You Expect Will Be Paid