Briefly, what is the financial impact (what accounts are updated with either Debit or Credit) with invoice verification (when the invoice is approved for payment)? Careful – since the vendor account is a subledger account, there is an automatic posting made to another account. You should have three accounts listed for this question.

Answer rating: 100% (QA)

The stability in Accounts Payable is generally provided because the first or 2d object withinside the modern legal responsibility phase of the stability sheet Many groups file Notes Payable due inside ... View the full answer