https://innovatureinc.com/is-a....ccounts-payable-debi
For anyone embarking on the journey of knowing accounting, the ideas of debits plus credits can feel like an dissimulé language. They are the important building blocks of double-entry bookkeeping, the system that has already been the backbone regarding financial record-keeping for years and years. Among the numerous accounts that populate a company's journal, Accounts Payable (AP) often presents the point of distress: Is it a debit or the credit? The brief answer is: Accounts Payable is a credit rating account, specifically
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