A firm buys products but does not pay to suppliers instantly. This is recorded as Select one: a. Account Payable b. Current Liabilities O c. Account Receivable O d. Accumulated Liabilities Par value Select one: a. the arbitrary value a firm puts on each share of stock prior to its being offered for sale. O b. the amount a company receives above par value from selling stock to investors. c. the firm's stock that has been issued and then repurchased by the firm