Definition of accounts payable
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Answer / tameez irfan
The good which are purchase on credit basis aftrr certain
Period we have pay the amount
Is This Answer Correct ? | 14 Yes | 0 No |
Answer / venkat
accounts payble is a process of paying money to the vendor when we purchase goods on credit basis until we pay the amount to the vendor it will be showing as a open item in the vendor account
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / nagaraju
accounting payable means parchase the goods on cricket from creditor. parchase accountant dr
to accounts payable
Is This Answer Correct ? | 2 Yes | 7 No |
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I TRANSFERRED A STOCK OF RS. 100.00 FROM HEAD OFFICE DELHI TO MFG. UNIT OFFICE AT HARYANA AGST FORM F.AT BRANCH GOODS ARE PROCESSED AND ADDED VALUE OF RS. 80.00 AND TRNF BACK TO DELHI HEAD OFFICE FOR RS. 180.00 AGST FORM F FROM HARYANA . AND HEAD OFFICE SOLD THIS TO PARTY AT RS. 200.00 . I WANT TO KNOW HOW TO MAKE ACCOUNTING ENTRIES IN BOTH BOOKS HEAD OFFICE AND BRANCH OFFICE. TO SETTEL ACCOUNT AND TO CONSOLIDATE THE BOOKS AT THE END OF YEAR.
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