accounts payable
Money which a company owes to vendors for products and services purchased on credit. This item appears on the company's balance sheet as a current liability, since the expectation is that the liability will be fulfilled in less than a year. When accounts payable are paid off, it represents a negative cash flow for the company.
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payment days
aging schedule
cost of sales to payables ratio
payables to operating expenses ratio
unliquidated obligation
management accounting
accounts payable (A/P) to sales ratio
recurring entry
accounts payable (A/P) to total debt ratio
trading assets
cash book
cash control
cash flows from operating activities
indirect method cash flow statement
control account
days accounts payable (Days A/P)
days accounts receivable (Days A/R)
aging schedule
cost of sales to payables ratio
payables to operating expenses ratio
unliquidated obligation
management accounting
accounts payable (A/P) to sales ratio
recurring entry
accounts payable (A/P) to total debt ratio
trading assets
cash book
cash control
cash flows from operating activities
indirect method cash flow statement
control account
days accounts payable (Days A/P)
days accounts receivable (Days A/R)
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