D is corrent because in general, accounts payable are liabilities to suppliers that are incurred in the regular course of a company’s business. Short-term liabilities such as accounts payable do not usually provide for the periodic payment of interest or a security interest in collateral.
A is incorrect because in general, accounts payable are liabilites to suppliers that are incurred in the regular course of a company’s business. Short-term liabilites such as accounts payable do not usually provide for the periodic payment of interest or a security interest in collateral.
B is incorrect because in general, accounts payable are liabilites to suppliers that are incurred in the regular course of a company’s business. Short-term liabilites such as accounts payable do not usually provide for the periodic payment of interest or a security interest in collateral.
C is incorrect because in general, accounts payable are liabilites to suppliers that are incurred in the regular course of a company’s business. Short-term liabilites such as accounts payable do not usually provide for the periodic payment of interest or a security interest in collateral.
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