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  • 15-07-2022
  • Business
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Where would 'accounts payable' most likely appear in a set of financial statements

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ayokenny2001
ayokenny2001 ayokenny2001
  • 22-07-2022

Accounts payable would appear on the debit portion in a set of financial statements.

What is accounts payable?

This refers to money that one owe to vendors and suppliers. It is the money not owned because it will be repaid later.

Accounts payable is a liability since it is money owed to creditors and is listed under current liabilities on the balance sheet.

Learn more about accounts payable here: https://brainly.com/question/4378674

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