Which of the following represents amounts owed for goods, supplies, or services purchased?
A) bonds payable
B) accounts payable
C) customer -related payable
D) liability for compensated absences

Name: Which of the following represents amounts owed for goods, supplies, or services purchased? A) bonds payable B) accounts payable C) customer -related payable D) liability for compensated absences
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Question

Quizplus · Accepted Answer

Accounts payable represent amounts owed to suppliers for goods or services purchased on credit.

Which of the Following Represents Amounts Owed for Goods, Supplies