Chryslar is one make that have a model voyager....
If a customers account has a "credit" balance, this means the company owes that customer rather than the customer owing the company. Customer accounts tend to have a debit balance, meaning the customer owes the company that amount. It is rare when a company owes a customer, if this does happen, the account becomes a liability instead of an asset because of the fact that now the company owes money rather than is "owed" money.
Balance Sheet
call them and talk about it. No longer have phones.
An account payable is a debt the company owes and maintains a credit balance, the impact on the account if a company pays the debt is a decrease in what the company owes or a decrease in the account payable. This means a debit will be added to the account to "decrease" the balance.
The company that owes you the money.
What the business owes another company (on credit)
Is Edison the Electric Company? If so then no, you can't be denied electric service simply because the landlord, or anyone else who lived there before you, owes the electric company money.
Accounts payable are ALWAYS listed as a Liability. It is money the company OWES and therefore is a liability to that company.
accounts payable.
Maruti Udyog
Aging report
Account payable is a record of money your company owes to another company/person. Account receivable is a record of money owed to your company by another company/person.