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Definition of the noun account payable
What does account payable mean as a name of something?
- 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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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 ...
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 ...
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 ...
by Steven H. Gifis
PAYABLES see account [ACCOUNT PAYABLE]; balance sheet; liabilities. PAYABLE TO BEARER see bearer paper. PAYABLE TO ORDER see order paper ...
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 ...
by Jonathan Wallace, Susan Ellis Wild
account payable n. The balance owed to a ...
An Encyclopedia Covering the Entire Field of Finance, Words, Terms, Phrases
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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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Go to the thesaurus of Account Payable to find many related words and phrases!