asked 38.8k views
3 votes
Vendors are directly related to

your
Liability.
A. Prepaid Expense
B. Utility Expense
C. Accounts Payable
D. Accounts Receivable

Vendors are directly related to your Liability. A. Prepaid Expense B. Utility Expense-example-1
asked
User Alondono
by
8.3k points

1 Answer

5 votes

Answer:C. Accounts Payable. I hope this helps you

Step-by-step explanation:

The correct answer is C. Accounts Payable. Vendors are typically businesses or individuals that a company owes money to for goods or services provided on credit. This creates a liability for the company until the vendor is paid. Therefore, vendors are directly related to a company’s accounts payable account.

answered
User Davy Karlsson
by
8.4k points
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