what do you mean by Accounts payable

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand--------OTA

1717


Explain the word Liquidation

1528


whst is detailed information aboutaccounting standards 20to 29

1669


what is Ratio Analysis ?

1824


Can v transfer trail balance to journal entry how and with example?

1772






Short answer on Amalgamation

1488


income from depreciated asset is profit or loss?

1018


Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1435


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

1858


Short Answer on ______Transaction

1544


In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?

1573


wages posted twice what is the entry for that?

1933


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2195


what are all the formulas used in bank to calculate their economy

1613


While selling fertilisers can we charge VAT on excise duty.

1596