The debt created by a business when it makes a purchase on account is referred to as an:.

The debt created by a business when it makes a purchase on account is referred to as an: Account payable

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number

answer; /// radio frequency identification;