Accounts Payable
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If accounts payable increase during a period, does that mean the expenses on accrual basis are less than the expense cash basis or would the expenses on accrual basis be the same as the expense on a cash basis?
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If accounts payable increase during a period, does that mean the expenses on accrual basis are less than the expense cash basis or would the expenses on accrual basis be the same as the expense on a cash basis?
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If accounts payable increases during a period, the expenses on accrual basis will be the same as the expense on a cash basis. This is becasue, regardless ...
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