accounts payable

accounts payable
index bill (invoice)

Burton's Legal Thesaurus. . 2006


accounts payable
Money owed by a business to suppliers, vendors, employees, banks, landlords, and other creditors. On a company's balance sheet, accounts payable are categorized as liabilities.
Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances
Category: Business Cash Flow Problems & Bankruptcy
Category: Business, LLCs & Corporations → Business Tax & Deductions
Category: Personal Finance & Retirement → Taxes → Tax Audits

Nolo’s Plain-English Law Dictionary. . 2009.

accounts payable
n.
   bills that are owed.
   See also: debt

Law dictionary. . 2013.

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Look at other dictionaries:

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  • Accounts Payable - AP — An accounting entry that represents an entity s obligation to pay off a short term debt to its creditors. The accounts payable entry is found on a balance sheet under the heading current liabilities. Accounts payable are often referred to as… …   Investment dictionary

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  • accounts payable — trade creditors The amounts owed by a business to suppliers (e. g. for raw materials). Accounts payable are classed as current liabilities on the balance sheet, but distinguished from accruals and other non trade creditors (such as HM Revenue and …   Big dictionary of business and management

  • accounts payable — *Short term, invoiced liabilities owed for the supply of goods or services. Accounts payable balances are classified as a *current liability in the *balance sheet. Further reading: Banks (2001) …   Auditor's dictionary

  • accounts payable — mokėtinos sumos statusas T sritis Gynyba apibrėžtis Sumos, kurios turi būti sumokėtos kreditoriams. atitikmenys: angl. accounts payable šaltinis NATO mokymų ir pratybų finansavimo terminų žodynas AAP 43(1), 2009 …   Lithuanian dictionary (lietuvių žodynas)

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