keeps tracks of data concerning purchase from and payments to suppliers...

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________ keeps tracks of data concerning purchase from and payments to suppliers.

A. Inventory control

B. Accounts payable

C. Payroll

D. Accounts receivable

Answer: Option B

Solution (By Examveda Team)

Accounts payable keeps tracks of data concerning purchase from and payments to suppliers. Accounts Payable is a liability due to a particular creditor when it order goods or services without paying in cash up front, which means that you bought goods on credit.

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