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Explain why an increase in accounts payable can be a way of financing business operations?

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Finance

Explain why an increase in accounts payable canbe a way of financing business operations?

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To understan this first we should know what is accounts payable and how it can be created Accounts payable When companies do businesses they purchase materials from suppliers at a credit for certain period which is for short term this short term of availing credit is known as accounts payable Account payable comes    See Answer
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Explain why an increase in accounts payable canbe a way of financing business operations?

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