answersLogoWhite

0


Best Answer
Copy

whats is the meaning of payable schedule?

User Avatar

Wiki User

โˆ™ 2008-08-18 10:24:04
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0
User Avatar

Add your answer:

Earn +5 pts
Q: What is is the meaning of payable schedule?
Write your answer...
Submit

Related Questions

How are a schedule of accounts payable prepared?

An accounts payable is a "Liability" account. Payable being the "key" word, meaning something you have to "Pay" or "Owe". ALL payable accounts are liabilities no matter what they are for. Whether it is a bill payable, mortgage payable, note payable, wages payable, etc, they are all listed as a liability. Rahul


What is overhead schedule?

accounts payable


What type of account is an accounts payable?

An accounts payable is a "Liability" account. Payable being the "key" word, meaning something you have to "Pay" or "Owe".


What type of account is accounts payable?

An accounts payable is a "Liability" account. Payable being the "key" word, meaning something you have to "Pay" or "Owe".ALL payable accounts are liabilities no matter what they are for. Whether it is a bill payable, mortgage payable, note payable, wages payable, etc, they are all listed as a liability.


What a payable is paid is it a debit or credit?

I am assuming you meant "when" a payable is paid?A "payable" is a liability to the company, it is something they owe. For example, Account Payable. Liabilities maintain a credit balance, meaning they increase with a credit and decrease with a debit.In short, when you "pay" the payable, you are decreasing what you owe by the amount paid and therefor will "debit" the payable account.


Monthly salary of a person is Rs 10000 prepare his income tax schedule find the income tax payable by him?

No


Cash paid to creditors represents what to Account payable?

It represents you paying all of your credits or loans... meaning, you used your cash to pay for your loans(accounts payable). And this will make cash a Credit and Accounts Payable Debit. Basically using cash to deduct your account payable.


Is notes payable an asset or a liability?

Accounts Payable and Notes Payable are liabilities. Accounts receivable - assets All "payable" accounts are "liabilities". This is because a liability is something the company OWES, a payable is the very same thing, hence the term "payable". Though some payable accounts change from being a payable to an expense, they are still liabilities as long as they are "payable", these include: Interest Payable (liability until paid, then reverts to Interest Expense) Salary or Wages Payable(liability until paid, then reverts to salary or wage expense) Payable accounts maintain a "credit" balance, meaning they increase with a Credit and Decrease with a debit. Now the quick answer: Payable = Liability Receivable = Asset


Where to enter interest on note payable on a trial balance?

A Note Payable is a liability to the company and is listed under liabilities. This with any other account you find that is called a "payable" is a liability. A "payable" account refers to money owed by the company that has not yet been paid, but will be paid in the near future. These include anything from Accounts Payable to Wages and even Income Taxes Payable. Just remember the key term is "payable", meaning owed but not yet paid.


What is the meaning of schedule caste R and O in Punjab police?

it is the internal classification of schedule caste in punjab and haryana meaning other then balmiki and mazhabi.


What is the meaning of accounts payable account balance has increase on the trial balance?

account payable is also called Bils paybal its show cr balance and it is a liability for the business


What is the meaning of bills payable and what are the difference between bills payble and accounts payable?

Bill payable means that bill is issued for the clearence in future date. Bill payable is issued for a temporary sattlement to accounts payable. Accounts payable are the creditors of company and which creditors required amount in emergency basis company issue them the note to be used until the actual payment is cleared so bill payable is the temporary document of evidance that amount is owed by company to creditors and creditors can use that note to fulfil their financial needs.


WHAT IS etd payable?

ETD payable = Employer Tax Deductions Payable


What is the journal entry for issued a note payable?

debit accounts payablecredit notes payable


Difference between account payable and bills payable?

Accounts Payable releted to Creditors and Bills payable releted to bank.


What is the Notes payable journal entry?

Debit accounts payableCredit notes payable


Is salaries payable a liability?

Salaries payable is liability payable in future time period.


What are the procedures account payable?

acoounting payable


Is payable debit or credit?

payable is credit


What is the meaning of the movie guide in newspaper?

Page that contains the movie's schedule


Who is responsible for posting authorized credits to accounts payable?

Accounts Payable clerk


Journal entry to record the conversion of an 250 accounts payable to a notes payable?

debit accounts payable 250credit notes payable 250


Accounts payable vs bills payable?

account payable is a current liability for item purchased on credit


What is entry for new note payable?

[Debit] Goods purchased [Credit] notes payable / accounts payable


How do you get weighted average for accounts payable?

Weighted Average Accounts payable = Opening period accounts payable + closing period accounts payable divided by 2 Example: Opening Accounts payable = 10000 Closing accounts payable = 20000 Average = 30000/2 = 15000