Accounting Capital Premium > Quiz – Accounts Payable – MCQ

Quiz – Accounts Payable – MCQ

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  • Time Limit: Unlimited
  • Level: Easy to Medium
  • Question Type: MCQs
  • Passing Score: 90%
  • No. of Questions: 11
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‘Accounts Payable A/C’ is _____ when invoice is recorded.

‘Accounts Payable A/C’ is _____ when payment is made to vendors.

Accounts payable is also called _____.

Accounts payable usually have _____ balance.

Purchase ledger control account (PLCA) is _____.

Accounts payable is _____.

Accounts payable are shown on _____.

Accounts payable are recorded in _____.

Accounts payable is the amount due to be paid back to the _____.

Accounts payable is a _____ liability.

Accounts payable are obligations of a business that arise from _____.

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