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 |
what is the accouniting
accounting concepts
one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction.
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