Printer Friendly
The Free Dictionary
1,036,927,466 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

accounts payable
(redirected from account payable)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.07 sec.
Accounts payable
Money owed to suppliers.

accounts payable
Money a business owes to others. Accounts payable are current liabilities incurred in the normal course of business as a firm purchases goods or services with the understanding that payment is due at a later date. If a firm pays cash for all of its purchases, no accounts payable will appear on that firm's balance sheet.

?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Madsen remitted checks from FB's account payable to KCL, to purchase insurance products.
So Harry the publicist, a man with whom I play pool, softball and an occasional hand of poker, announced he had the solution to that ongoing account payable we call the Simpson case.
Once Levine, Cooper accountants have the general ledger data on their computers, they use another Prentice Hall product, Answers, to perform more analytical functions such as calculating more than 100 standard ratios: the dollar amount of account payable versus turnover, overhead costs to labor, cost to sales and additional ratios can be added that are specific to certain industries.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.. Terms of Use.