Domestic Engines Â». General Motors / Chrysler / Ford. Factory remanufactured with strict remanufacturing standards, the latest engineering updates performed and factory faults corrected.
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Accounts payable is recorded when an invoice is approved for payment. Many companies use âsegregation of duties,â i.e. making sure no single employee can approve a payment alone, to prevent embezzlement. For most businesses, accounts receivable involves the generation of an invoice, which is delivered to the customer.