Accounts payable normally are paid in a relatively short period of time. Why is Accounts Payable considered

Question:

Accounts payable normally are paid in a relatively short period of time. Why is Accounts Payable considered to be a permanent account?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting A Decision Making Approach

ISBN: 9780471328230

2nd Edition

Authors: Thomas E. King, Valdean C. Lembke, John H. Smith

Question Posted: