Is check payable a liability ?

asked Apr 3, 2021 69.1k views

5 votes

5.2k points

Please log in or register to add a comment.

3 votes

A pay check is a liability

Shoan answered Apr 4, 2021

by Shoan

5.3k points

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

4.8k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers