Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 5 - No. 11) | ExamPlay

Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 5 - No. 11)

What type of account is 'Accounts Payable'?

Asset

Liability

Equity

Revenue

Explanation

Accounts Payable is a Liability.

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