Is check payable a liability ?

asked Apr 3, 2021 69.1k views

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3 votes

A pay check is a liability

Shoan answered Apr 4, 2021

by Shoan

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7 votes

Answer:

Yes

Step-by-step explanation:

Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet.

Dortique answered Apr 7, 2021

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