Accounts Payable (A/P) | Formula + Calculator - Wall Street Prep
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WEBNov 3, 2023 · Accounts payable, often abbreviated as “payables” for short, represent invoiced bills to the company that have not been paid off. Therefore, accounts payable (A/P) is classified in the current liabilities section of the balance sheet, as unfulfilled payment obligations imply a future outflow of cash.
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