Question: How does an accounts payable arise with a vendor? Question 1 options: a) When a business purchases on credit, it promises to pay that amount
How does an accounts payable arise with a vendor? Question 1 options: a) When a business purchases on credit, it promises to pay that amount in the future. b) When a company returns purchases to a vendor, the vendor promises to pay the company for the amounts returned. c) When a business makes a cash purchase, it promises to pay the same amount again for future purchases. d) When customers purchase amounts from a company, they promise to pay the company in the future
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