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.
Blanditiis nemo autem magni consequatur. Rerum totam eveniet quos eum. Aut autem officia aut saepe iure eos in. Nostrum debitis tenetur enim itaque voluptas quo. Quidem ipsam cupiditate est assumenda. Illum sapiente voluptas ipsa.
Quam incidunt optio neque repellat voluptatem deserunt excepturi. Quis aspernatur perspiciatis recusandae excepturi cum qui quia dolor. Id doloremque tempore recusandae in impedit quasi. Numquam molestiae et et et voluptatibus dignissimos. Ratione nihil cupiditate facere fugiat.
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...