Amounts that an organization owes to its suppliers, but has not yet paid, are referred to as
Question:
Amounts that an organization owes to its suppliers, but has not yet paid, are referred to as accounts receivable.
a. Bad debts.
b. Accounts payable.
c. Accrued expenses.
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Accounts payable AP is money owed by a business to its supplier...View the full answer
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Dudhat Vaidehi
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Related Book For 
Financial Management For Public, Health, And Not-for-Profit Organizations
ISBN: 9781506396811
6th Edition
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
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