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Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
reference: http://en.wikipedia.org/wiki/Accounts_payable
visit: http://www.b2bwhiteboard.com/
reference: http://en.wikipedia.org/wiki/Accounts_payable
visit: http://www.b2bwhiteboard.com/
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