waht is the menaing of accounts payble?

Answer Posted / kannan

It's Bills Payable, it is shown in liability side of the B/s.
It means service or sales we received from supplier, suppose to be paid

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

wages posted twice what is the entry for that?

1916


Expand---------BPCD

1540


HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY

8671


Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company

1694


What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1481






Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?

3119


What is the procedure to take loan

1692


When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm

1688


Define capital

2610


what is the procedure for issuing th C form

2059


outstanding expenses, prepaid or unexpired expenses

3517


PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

1767


What is account

1755


Short Answer on __________Event

1554


What exactly balance sheet depicts

1587