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what is account
payable
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Answer / renu jain
Account Payable means Creditors.. persons whom we have to
pay amount.. and we are liable for the pay...
| Is This Answer Correct ? | 8 Yes | 1 No |
Answer / h.r. sreepada bhagi
Any amount payable to any party (Persons, Firms or
Companies) on any date towards any purchases (assets or
goods) or services received (like telephone bill,
electricity bill)constitute Accounts Payable on that date.
In other words Accounts payable means Sundry Creditors.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / monu aggarwal b.com accountant
Account payable's mean is that we will have to pay money to
related party which is mention in our laibility group N
creditors.
If a ledger show demanding balance,then it will call a
payable account.
| Is This Answer Correct ? | 2 Yes | 1 No |
Account payable is , we have the any creditor vendor which
we have the collect the money from him, that is credit
balance in our ledger
| Is This Answer Correct ? | 1 Yes | 7 No |
We purchased material from other state against C form. Here in invoice Basic price value - Rs 100000 Cst 2% - Rs 2000 and transportation charges - Rs 8000 Total bill value - Rs 110000. But in C form How much amount we have to give? 100000 or 102000 or 110000 I am waiting for your valuable reply, advance thanks.
CHEQUE ISSUED TO ABC 20000 & DISSOUNT RECEIVE 2000 THE CHEQUE DISSONORED WHAT ENTERY THIS TRANSACTION
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
securtralization?
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
define contra entry?
describe any accounting process that you have developed or revised
What is C & F Activity ?
A change in accounting policy is justified (a) To comply with accounting standard. (b) To ensure more appropriate presentation of the financial statement of the enterprise. (c) To comply with law. (d) All of the above.
In which account does the unpresented cheque will get recorded?
Explain me what is tally accounting?
Furniture is Destroyed in Fire ?? Where it will effect in Balance sheet ??
Audit 
