What are accounts payable in a banking system and what it is used for?

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Fundamentals of Financial Management

ISBN: 978-0324597707

12th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Dec 03, 2023 03:58 AM

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What are accounts payable in a banking system and what it is used for?

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In a banking system accounts payable typically refers to the amounts that a bank owes to its counterparties or other financial institutions It represe... View the full answer

Fundamentals of Financial Management

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