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Which of the following are true about Accounts Payable?Select all answers that apply:A. Accounts Payable is an account of money that an organization or individual

Which of the following are true about Accounts Payable?Select all answers that apply:A. Accounts Payable is an account of money that an organization or individual possesses.B. Accounts Payable includes unpaid bills for services and products that were purchased on credit.C. On a balance sheet, Accounts Payable is listed under Long-Term Assets.V D. The term is sometimes referred to as "AP" or simply "Payables."V E. Accounts Payable is reported on the balance sheet under Current Liabilities.

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