Accounts payable is a financial accounting term that refers to the current liabilities of a company for any outstanding obligations they have to another party. This generally occurs when the business ...
What is an Account Payable? The amount a company owes to vendors or suppliers in the short-term for goods or services the company received on credit. An account payable (AP) is a balance shown on a ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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