Accounts payable appear on which of the following statements?
A) Balance sheet.
B) Income statement.
C) Statement of changes in equity.
D) Statement of cash flows.
E) Transaction statement.

Question

Quizplus · Accepted Answer

Accounts payable appear on the balance sheet as a current liability, reflecting the amount a company owes to its suppliers or creditors for goods or services received that have not yet been paid for.

Accounts Payable Appear on Which of the Following Statements