Accounts payable

2533
0

Accounts payable is a file or account that contains money that a person or company owes to suppliers, but has not paid yet (a form of debt). When you receive an invoice you add it to the file, and then you remove it when you pay. Thus, the A/P is a form of credit that suppliers offer to their purchasers by allowing them to pay for a product or service after it has already been received.

by cyborg



30-May-10, 5:18 am

Please leave a comment on Accounts payable

user

Alice in Wonder..

29-Jun-10, 4:26 am
163 Views

Alisan Porter

2-Nov-11, 12:02 am
575 Views

David Thewlis

18-Jun-10, 10:20 am
742 Views

Software_qualit..

31-Jul-10, 7:18 pm
1276 Views

Financial Bserv..

28-May-10, 10:45 am
157 Views

San Marino

7-May-10, 8:22 am
4167 Views

Tom Hanks

2-Mar-10, 2:53 pm
160 Views

Daryl Mitchell

18-Jun-10, 10:51 am
242 Views

Dustin Hazelett

18-Jun-10, 7:59 am
166 Views

Preppy

18-Jun-10, 6:14 am
205 Views
Top