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Account Payable

Definition of the noun account payable

What does account payable mean as a name of something?


  1. a liability account showing how much is owed for goods and services purchased on credit

Printed dictionaries and other books with definitions for Account Payable

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Google previewThe Entrepreneur's Dictionary of Business and Financial Terms (2013)

by Khwaja Masoom

Account Payable: Amount owed to a creditor for delivered goods or completed services. Account Receivable: Claim against a debtor for an uncollected amount, generally from a completed transaction of sales or services rendered. Account ...

Google previewAn International Dictionary of Accounting and Taxation (2004)

Twelve Thousand Plus Entries on Accounting, Auditing and Taxation in the United States, Canada, United Kingdom and Australia by Guy Wanjialin

account payable (a/c pay.)(ac. pay.)(A/P) money owed by the business to ...

Google previewThe American business and accounting encyclopaedia (1908)

a standard reference work for business men and accountants, profusely illustrated with many special forms, tables, and diagrams never before published

Account Payable. An .account showing amount of liability for goods purchased, or value received, and possessing the same general characteristics as Account Receivable. 4. Adjustment Account. — A term used to describe an account which ...

Google previewDictionary for Business & Finance (1995)

by John V. Terry

account payable Amount owed to an ordinary business creditor as distinct from long- term liability. account receivable Amount due in the short-term from ...

Google previewWebster's New World Law Dictionary (2010)

by Jonathan Wallace, Susan Ellis Wild

account payable n. The balance owed to a ...

Google previewEssential 25000 Law Dictionary (2015)

by The Essential 25000 Law Dictionary is a great resource anywhere you go; it is an easy tool that has just the words you want and need! The entire dictionary is an alphabetical list of Law words with definitions. This eBook is an easy-to-understand guide to Law terms for anyone anyways at any time. The content of this eBook is only to be used for informational purposes and an invaluable legal reference for any legal system. It's always a good idea to consult a professional lawyer or attorney with legal issues. Just remember one thing that learning never stops! Read, Read, Read! And Write, Write, Write! A thank you to my wonderful wife Beth (Griffo) Nguyen and my amazing sons Taylor Nguyen and Ashton Nguyen for all their love and support, without their emotional support and help, none of these educational language eBooks and audios would be possible.

account payable pl: accounts payable- the balance due to a creditor on a current account 535 account receivable pl: accounts receivable- a balance due from a debtor on a current account 536 account rendered an account delivered to ...

Google previewEncyclopedia of American Business (2009)

by W. Davis Folsom, Rick Boulware

there is an equal-valued account payable in another firm's ledger. Every firm that sells on credit will have an INVESTMENT in accounts receivable. The presence of accounts receivable, especially when sizable, creates a cash-flow problem ...

Google previewSmith's Financial Dictionary (1908)

by Howard Irving Smith

Account payable. An account which stands as a debit and to close which payment must be made. Account receivable. An account which stands as a credit and to close which payment must be ...

Google previewLaw Dictionary: Sixth Edition

ACCOUNT PAYABLE the amount owed by a business to its suppliers and other regular trading partners. ACCOUNT RECEIVABLE amounts owing on open account. Running accounts that are usually disclosed in the creditor's account books, ...

Google previewAccounting and business dictionary (1922)

an encyclopedia of accounting, financial, commercial law and general business terms by Emile Bienvenu

ACCOUNT PAYABLE: An account showing a credit balance to be subsequently ...

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Video about Account Payable

Account Payable Explanation with Simple Examples

This video is an introduction to Accounts Payable in simple Hindi. After watching this video, you can learn "who are account payables?" Why is it necessary to ...

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