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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 11: Current Liabilities and Payroll Accounting
  5. Question
    Accounts Payable Are
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Accounts Payable Are

Question 132

Question 132

Multiple Choice

Accounts payable are:


A) Amounts owed to suppliers for products and/or services purchased on credit.
B) Always payable within 30 days.
C) Long-term liabilities.
D) Estimated liabilities.
E) Not usually due on specific dates.

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