A company reports ending accounts payable of $2,055 and cost of goods sold of $18,300. Compute payable
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A company reports ending accounts payable of $2,055 and cost of goods sold of $18,300. Compute payable outstanding.Round the answer to the nearest whole day.
Accounts PayableAccounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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