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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
what's accounts payable
 Question Submitted By :: Mail2binoi
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what's accounts payable
Answer
# 1
Accounts payable: this is sub-ledger that a person or
company money owes to suppliers (who has provide the
services or goods) and shown on its Balance sheet as a
Liability under group sundry creditors.
 
Is This Answer Correct ?    33 Yes 5 No
Sreedhaam
 
  Re: what's accounts payable
Answer
# 2
its pay off of short term debts to creditors 
Is This Answer Correct ?    15 Yes 4 No
Arun
 
 
 
  Re: what's accounts payable
Answer
# 3
payable amount to vendors.....
in this it will shows the how much amount is payable....
 
Is This Answer Correct ?    4 Yes 1 No
Deepa
 
  Re: what's accounts payable
Answer
# 4
Accounts Payable is one of creditors to the company it will
shows the how much amount is payable
 
Is This Answer Correct ?    5 Yes 0 No
Pavithra
 
  Re: what's accounts payable
Answer
# 5
accounts payable is that when party purchase goods on credit from the buyer then it will become bill payable beoz party have to pay the amount of credit purchase. 
Is This Answer Correct ?    3 Yes 0 No
Shelly
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
expand N R I  6
I am going to attend an interview for the post of Sr. Accounts Officer in airport authority of india,pls help me to prepare for the interview L&T2
EXPAND_________BPDU  1
Suspence A/c is ___________ Account? a) Real b) Nominal c) Personal d) All  7
What is Liquidity  1
How to prepare salary ? and what is ctc, Epf, etc...  3
What is ratio analys ? Thomson-Reuters2
EXPAND___________MSN  3
What will be the entry for transfer of fixed deposit amount to their current a/c. (ie. if we hav a FD of Rs.600000 with the bank, we need to close the FD and transfer the amount to the current Account. kindly provide me the entry for this.  2
Expand---------MTRS  1
What is the Difference between Rectification of Errors and Adjustment Entry ?  1
The following are details of an invoice from a foreign supplier of goods: 20 pieces of item X @ $ 20 per piece $ 400 20 pieces of item Y @ $ 5 per piece 100 Shippingcharges 40 Discount -80 Total $ 460 Total cost of above shipment of goods is Dh 2,300 which is made up of Dh. 2,070 representing cost of transferring the above invoice amount of $460 and the balance of Dh 230 represents other direct costs You are required to calculate the landed cost in Dirhams for ONE PIECE of item X.  1
 
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