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what do you mean by Accounts payable
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Answer / mahesh babu
Accounts payable means creditors payment.We will be show in
the balancesheet treated as a current liability.
Just like suppliers payment and vendors payments.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / sri
Accounts payable is nothing but bills payable. it is a
current liability which can be pays with in one year
| Is This Answer Correct ? | 10 Yes | 6 No |
Answer / faisal adam
accuont payable is a credit which the owners cuold calm
anytime, if it is more than a year
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / chandra sekhar
IT IS MAINTAIN BY THE TRADER THE AMOUNT OF MONEY PAYBLE TO
CREDITORS.IT IS CALLED ACCOUNT PAYBLES
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / nagabhushana sharma
Account payable means the money owed by the Company at the
time Purchase goods and service in the basis of CREDIT
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / muni
IT IS MAINTAIN BY THE TRADER THE AMOUNT OF MONEY PAYBLE TO
CREDITORS.IT IS CALLED ACCOUNT PAYBLES
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rohitash sharma
Account payable means Expenses incurred but not paid.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / venky
Account Payable means a short term liability or current
liability generated in the business for purchasing goods or
rendering services on credit. It is shown on Liabilities
side of Balance sheet under heading current liabilites &
provisions.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bhushan rajas
account palyble means all including dr entry which r not pay
to the third party from u ...i.e. a/c payble
| Is This Answer Correct ? | 0 Yes | 0 No |
Waht is general Reserve
Taxation work in tally
expand I C W A I
EXPAND_________VTPS
debentures
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
Answered but misspelled pl correct DEBIT INCREASES IN AN (ANS.SSATE)
to attend interview for real estate company accounts
why net profit will be added to the balance sheet? is there any reason?
why share capital shown in liability side of a balance sheet
Expand---------EDBC
New emlpoyee was joined on 15th Jan and salary paid on 28th Feb amt of Rs.20000/- and asked to give the Journal entry for the Month of Jan, Fed and March (His Monthly Salary is Rs.8000/-) ?
Audit 
