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what do you mean by Accounts payable
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Answer / 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 |
Answer / sri
Accounts payable is nothing but bills payable. it is a
current liability which can be pays with in one year
| Is This Answer Correct ? | 10 Yes | 6 No |
Answer / faisal adam
accuont payable is a credit which the owners cuold calm
anytime, if it is more than a year
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / chandra sekhar
IT IS MAINTAIN BY THE TRADER THE AMOUNT OF MONEY PAYBLE TO
CREDITORS.IT IS CALLED ACCOUNT PAYBLES
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / nagabhushana sharma
Account payable means the money owed by the Company at the
time Purchase goods and service in the basis of CREDIT
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / muni
IT IS MAINTAIN BY THE TRADER THE AMOUNT OF MONEY PAYBLE TO
CREDITORS.IT IS CALLED ACCOUNT PAYBLES
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rohitash sharma
Account payable means Expenses incurred but not paid.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / 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 |
Answer / bhushan rajas
account palyble means all including dr entry which r not pay
to the third party from u ...i.e. a/c payble
| Is This Answer Correct ? | 0 Yes | 0 No |
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