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What is accounts payable cycle?

Account Payable is a major part of Accounti g cycle that pertains to obligations arising from the promise to pay later on in connection with the purchases and or services rendered, and in more technical sense, the A/P is a measure of time for making cash outflows into cash inflows.

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First answer by ID1279702799. Last edit by ID1279702799. Question popularity: 2 [recommend question].