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2 May, 00:44

What is accounts payable?

What is net income?

What is income statement?

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Answers (1)
  1. 2 May, 04:40
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    Accounts payable refers to the money which is owed by a company to its creditors.

    Net income is the companies total earnings which is the revenue and taxes is already deducted.

    Income statement is the record of the money that goes out and in in the company.
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