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The balance in Accounts Payable is decreased with a _ entry?

<p>a. Debit</p> <p>b. Credit</p>

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Question added by SREEDEVI SUNILKUMAR
Date Posted: 2014/09/30
George Kamau
by George Kamau , Accounts , DP World

debit

Salih Mohamed
by Salih Mohamed , Chief Accountant , Yasin Al Hamed Advocates and Legal Consultants

Debit entry

Tharcilin Tharcilin
by Tharcilin Tharcilin , Junier accountant , International business machine

1.Debit

Deleted user
by Deleted user

AP entry will increase Cr. & decrease Dr.

Deleted user
by Deleted user

account payable is decreases with debit

 

khaled Ibrahim Sayed Abd El Salam Ibrahim
by khaled Ibrahim Sayed Abd El Salam Ibrahim , Chief Accountant , -ElMehy engineering company

We all say Debit , But I wish that every one can say the reason for that ,

I wish that every one here can apply and understand what I will say below ::--

((( Any account if increase will be according to its nature and decrease opposite of it  )))

Meaning lets apply the above Question on it , AP is always Credit = Increase is Credit = Decrease is Debit.

Muhammad Khawar Butt
by Muhammad Khawar Butt , Assistant Manager Accounts , Izhar Group of Industries

(a) Debit.

Deleted user
by Deleted user

Debit. because accounts payable are always in credit and to decrease is Debit.

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