which of the following best describes a past - due payment? a payment that has already been paid but the…

which of the following best describes a past - due payment? a payment that has already been paid but the vendor has since gone insolvent a payment that has not been paid on time and is still owed to the vendor a payment that has already been paid but a dispute with the vendor remains

which of the following best describes a past - due payment? a payment that has already been paid but the vendor has since gone insolvent a payment that has not been paid on time and is still owed to the vendor a payment that has already been paid but a dispute with the vendor remains

Answer

Answer:

a payment that has not been paid on time and is still owed to the vendor

Brief Explanations:

By definition, a past - due payment is one that has missed its due date and remains unpaid to the creditor (vendor in this case). The other options describe different payment - related situations like vendor insolvency or disputes after payment, not past - due payments.