what is definition account related to goods
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Answered by
12
here is your answer
Accounts payable is the money which company has to pay to its vendors for the products and services purchased on credit from them. Accounts payable appears as a current liability on corporation’s balance sheet.
These days, many large businesses prefer to outsource as they have a lot of payable items and they want their work to be done accurately.
Benefits of outsourcing Accounts Payable Services:
1. Outsourcing enhances the working capital at an economical rate
2. It prevents duplicate payments
3. It helps you to stay updated regarding the payments
4. It allows you to access invoices from anywhere
Accounts payable is the money which company has to pay to its vendors for the products and services purchased on credit from them. Accounts payable appears as a current liability on corporation’s balance sheet.
These days, many large businesses prefer to outsource as they have a lot of payable items and they want their work to be done accurately.
Benefits of outsourcing Accounts Payable Services:
1. Outsourcing enhances the working capital at an economical rate
2. It prevents duplicate payments
3. It helps you to stay updated regarding the payments
4. It allows you to access invoices from anywhere
Answered by
35
hey friend here is your answer... ♥️♥️♥️
Description : accounts payable is a liability due to a particular creditor when it order goods or services without paying in cash up front, which means that you bought goofs on credit .Accounts Payable as a term is not limited to companies.
hope it helps you if it so please make it as brainliest... ♥️♥️♥️♥️
Description : accounts payable is a liability due to a particular creditor when it order goods or services without paying in cash up front, which means that you bought goofs on credit .Accounts Payable as a term is not limited to companies.
hope it helps you if it so please make it as brainliest... ♥️♥️♥️♥️
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