Answered

Connect with experts and get insightful answers to your questions on IDNLearn.com. Discover reliable and timely information on any topic from our network of experienced professionals.

Payments due for products or services purchased on credit by customers are:
accounts payable
accounts receivable
cash flow
income

Sagot :

Samawatiidn

Answer:

accounts payable

Explanation:

Accounts payable represents the company's obligations to supplies and other third parties that the business owes. It is money that the business should payout to its suppliers. When a business purchases goods and services on credit, it incurs liabilities. Accounts payable are debts and are classified as current liabilities.

Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. IDNLearn.com provides the best answers to your questions. Thank you for visiting, and come back soon for more helpful information.