Definition of accounts payable

Question Posted / shivakatkuri

3 Answers
5819 Views
Genpact, Infosys, MNC, TATA, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

Definition of accounts payable..

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

Definition of accounts payable..

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

Definition of accounts payable..

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

Post New Answer

More Accounting General Interview Questions

How can I date change in tally whenever new voucher entery. When I press F2 I can change the date only 1,2&31. When I feed other dates like 12,15,17, 21 etc. not changed. Please tell me how can I change the all voucher dates.

3 Answers Dawn,

Valuation of Goodwill and calculation!! question asked in many companies,try to remember the methods..

1 Answers Amex, FinnAir,

In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer

0 Answers

What is deferred tax asset or libility ? please help with the best one answer u have. thanks all

5 Answers Carlson, DELL, Real Estate,

Foreign currency Valuation

2 Answers Accenture,

What is the accounting entries for future dated payment method

3 Answers Accenture,

In accounting, vat abbreviates what?

0 Answers

why net profit add in capital in balance sheet

7 Answers

What do you debit and credit if discount allowed is underrated?

0 Answers

Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

0 Answers

can you give me debit n credit rules

3 Answers

what is tds and how it is calculating

1 Answers

For more Accounting General Interview Questions Click Here