Accountancy, asked by ishtyak7404, 1 year ago

The balance in accounts payable is decreased with a

Answers

Answered by bhupeshchandrakar94
0

Answer:

hope it is helpful to you

Explanation:

As a liability account, Accounts Payable is expected to have a credit balance. Hence, a credit entry will increase the balance in Accounts Payable and a debit entry will decrease the balance. A bill or invoice from a supplier of goods or services on credit is often referred to as a vendor invoice.

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