Difference between revisions of "Accounts Payable"

Revision as of 19:18, 27 August 2020

Accounts Payable

Revision as of 07:56, 25 August 2020 (view source) Dirkjan (talk \| contribs) (Created page with "Accounts payable is a file or account sub-ledger that records amounts that a person or company owes to suppliers, but has not paid yet (a form of debt). When an invoice is rec...")		Revision as of 19:18, 27 August 2020 (view source) Dirkjan (talk \| contribs) Newer edit →
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−	Accounts payable is a file or account sub-ledger that records amounts that a person or company owes to suppliers, but has not paid yet (a form of debt). When an invoice is received, it is added to the file, and then removed when it is paid. Thus, the A/P is a form of credit that suppliers offer to their customers by allowing them to pay for a product or service after it has already been received.	+	Accounts Payable
	[[Category:mbi]]		[[Category:mbi]]