What is the relationship of the Accounts Payable account in the general ledger to the accounts payable
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What is the relationship of the Accounts Payable account in the general ledger to the accounts payable subsidiary ledger?
Accounts PayableAccounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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