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The liability arising from the purchase of goods or services on credit is called:CreditorsAccounts payableLoanAccounts receivable

Question

The liability arising from the purchase of goods or services on credit is called:CreditorsAccounts payableLoanAccounts receivable

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Solution

The language of the selected text is English. Here is the output in English:

The liability arising from the purchase of goods or services on credit is called:

  1. Creditors
  2. Accounts payable
  3. Loan
  4. Accounts receivable

Similar Questions

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The obligations or debts of a business to third party creditors.Select one:a.Assetsb.Journalc.Ledgerd.Liabilities

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