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| Resources for Entrepreneurs | Entrepreneur's Glossary | ||||
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Accounts Payable
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Definition of Accounts PayableAccounts Payable refers to obligations of the business to pay an amount to vendors or other creditors for goods and services purchased with credit.
Accounts payable appears on the balance sheet as a current liability. If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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