„Accounts Payable“
What does Accounts Payable stand for?
A current liability representing the amounts owed to creditors for merchandise or services purchased on open account or short-term credit.
Source:
Financial and BankingView all itemsWeygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2019). Financial Accounting. Hoboken, NJ: John Wiley & Sons.