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what is accounts payable

Answers were Sorted based on User's Feedback



what is accounts payable..

Answer / guest

a/c payable is bill which has to be paid by the concern

Is This Answer Correct ?    19 Yes 0 No

what is accounts payable..

Answer / ekhlaque amin

Account Payable is the amount due to an organisation by the
accounting firm mainly due to credit purchase.

Is This Answer Correct ?    5 Yes 0 No

what is accounts payable..

Answer / baddam.venugopalreddy

accounts payable is a file or account that the organisation
owes to suppliers........

Is This Answer Correct ?    3 Yes 0 No

what is accounts payable..

Answer / chandu

yes sir, accounts payble means nothing but sundry creditors,
sundry creditors includes creditors and trade creditors.
the term accounts payable use in balance sheet at liability
but not individual.
account payable means to whom we have to pay money.
In india use sundry creditors and other countries use
accounts payable like US and UK.

Is This Answer Correct ?    3 Yes 1 No

what is accounts payable..

Answer / sridhar reddy.v

Accounts payable means the amount which is payable to the
creditor are trade creditors for purchasing goods or using
services on credit.

The word accounts payable is used other countries but in
india we use the word sundry crditor.

Is This Answer Correct ?    1 Yes 0 No

what is accounts payable..

Answer / srinivasan

accounts payable is a money,which has been paid to
favourconcern/party, it shows which the amount goes out
from the concern or from the party those who's paying ...

Is This Answer Correct ?    0 Yes 0 No

what is accounts payable..

Answer / sreedhaam

Accounts receivable: this is sub-ledger Money owed to a
business by its clients (customers) and shown on its
Balance Sheet as an asset under group Sundry debtors.

Is This Answer Correct ?    0 Yes 0 No

what is accounts payable..

Answer / rrlgrp

account payble is amount which dues from the biz to it,s
customers.it arrises from credit sales.

Is This Answer Correct ?    3 Yes 9 No

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