what do you mean by Accounts payable
Answer Posted / 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 |
Post New Answer View All Answers
what is ment by master in tally?
what is Exposure ?
EXPAND___________IMA
Anyone whose sbi interview has been over , please share all the question asked by them
What is the important of cash in a business unit
how to entry of hra
What are the Types of invoices batching? & what is 3 way batch?
INTE3RNATIONAL ACCOUNTING STD
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
Expand CCIT?
How the sub ledgers(AP, AR) integrate with GL liability and receivable
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
Expand-------NBTA