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Post a RequestAccounts Payable Definition
accounts payable – n : finance/accounting term; often
referred to simply as “payables” or “A/P”; amounts of money that a business
currently owes to suppliers but has yet to pay. Simply, A/P is what you currently
owe your suppliers of goods or services in the ordinary course of business.
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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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