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Accounts payable refer to the current?

Answers:

• Liability of a business or an organization

• Asset of a business or an organization

• Expense of a business or organization

• Income of a business or organization

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Question ajoutée par abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م
Date de publication: 2016/02/10
هيثم ناجى
par هيثم ناجى , محاسب اول , الفيوم لصناعة السكر

the first choice is correct

liability

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Ahmed Abdul-wadoud Mohamed
par Ahmed Abdul-wadoud Mohamed , Chief Accountant , Fresh Points Food Group Co.

• Liability of a business or an organization - • refers to short-term debt payments to suppliers and banks.

mahmoud elhawary
par mahmoud elhawary , محاسب , مروان زقزوق للتجاره

Liability of a business or an organization

Wilfredo Quito
par Wilfredo Quito , Accounting Manager , DDC LAND INC.

 

Accounts payable represents the amount of money a company owes to its supplier for the purchase of goods or services on credit.

 

The accounts payable account is listed as a current liability because a company must pay its debt in a short period of time.

 

Renshin Raj
par Renshin Raj , Financial Accountant , shams al amal auto spare parts trading llc

CURRENT LIABILLITY OF A BUSINESS

Utilisateur supprimé
par Utilisateur supprimé

Recognizes as a liability & recorded as a Current Liability becuse normally the repayment term is within days to not more than days. 

Anas Touqan
par Anas Touqan , مدير قسم المحاسبة , شركة التكامل الغذائي للتجارة والتسويق

Liability of a business or an organization ,,,,,,,,,,,,,,,,,, 

 

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