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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Most purchases occur on credit, enabling the company to receive the item and pay for it in the future. Accounts payable refers to the money owed for purchases made on credit. Changes in accounts payable affect the companyâs cash flow, which the company reports on the statement of cash flows. Most companies report operating activities on the statement of cash flows using the indirect method.