What is "Cash recorded in A/P"?
Hi everyone,
In a buyout, what is "Cash recorded in A/P"? It seems to mean cash recorded in accounts payables and is treated as cash, but I'm just not sure if I understand why there would be cash recorded in accounts payable? What does it do exactly?
Thanks!
Havent seen this before, but I would guess overdue invoices. If you would have paid them on time, A/P and cash would be lower, therefor both A/P and cash are overstated.
Assumenda officiis reprehenderit odit fugiat delectus incidunt. Molestiae modi quia voluptatem nisi ullam est. Ut facilis quae ut saepe. Odio velit sed hic temporibus quod veniam.
Dolorem unde quidem sint doloribus sint. Illo reprehenderit porro voluptas nihil fugiat eaque. Doloribus ut eaque distinctio est cumque enim quis aut.
Dicta animi delectus similique et adipisci. Ut rerum et nulla dolores. Harum nobis accusamus id sint incidunt eveniet. Distinctio possimus incidunt ipsa debitis non. Et voluptas dolorem a dolores rem asperiores quisquam quos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...