acoounting payable
monkys
Account payable is an account that is a Liability (current). When a person or company owes another company money on account, that is an account payable.
account payable account debit to bank account
An accounts payable is a "Liability" account. Payable being the "key" word, meaning something you have to "Pay" or "Owe".
accounts payable is a liablity.
account payable is the liability of creditor.
Accounts payable are the amounts owed to a supplier that the buyer holds an account with. Notes payable is the amount owed to creditors, that is, suppliers that the buyer does not hold an account with.
account payable increase on trial balance
Normal balance of bonds payable account is credit account and it is shown under liability side of balance sheet because these are the amounts payable in future.
Accounts Payable releted to Creditors and Bills payable releted to bank.
account payable
Notes Payable is a Liability.