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Bookmark or Share- Accounts payable - WikipediaAccounts payable ( AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. [1] An accounts payable department's main responsibility is to process and review transactions between the company and ...
- Payables definition — AccountingToolsPayables refers to the full range of owed by a business. A business typically keeps close watch over its ability to meet the obligations represented by its payables. Otherwise, late payments or can trigger a slide in a company's , and could even lead to . The payables concept also applies to households, where examples of payables are invoices ...
- Understanding Accounts Payable (AP) With Examples and How to ...Accounts payable (AP) refer to the obligations incurred by a company during its operations that remain due and must be paid in the short term. As such, AP is listed on the balance sheet as a ...
- PAYABLE definition and meaning | Collins English Dictionary4 meanings: 1. to be paid 2. that is capable of being paid 3. capable of being profitable 4. (of a debt) imposing an obligation.... Click for more definitions.
- Payable Definition & Meaning - Merriam-WebsterThe meaning of PAYABLE is that may, can, or must be paid. How to use payable in a sentence.
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