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Difference between account payable and bills payable?
Accounts Payable releted to Creditors and Bills payable releted to bank.
What is difference between bill receivable and bill payable?
bill receivable is what is owed to a company; bill payable is what is paid
What do Current liabilities include in accounting?
Accounts Payable, bank overdraft, GST payable
What accounting applications are you familiar with?
accounts payable
What is the difference between credit sales and accounts payable?
Credit sales referes to sales and accounts payable referes to bank
Difference between account payable and bills payable?
Accounts Payable releted to Creditors and Bills payable releted to bank.
Difference between loan payable and loan receivable?
loans payable apear under liability on the balance sheet.
What is difference between bill receivable and bill payable?
bill receivable is what is owed to a company; bill payable is what is paid
What do Current liabilities include in accounting?
Accounts Payable, bank overdraft, GST payable
What accounting applications are you familiar with?
accounts payable
What is the difference between credit sales and accounts payable?
Credit sales referes to sales and accounts payable referes to bank
What is other payable?
Other payable refers to other accounting enterprises like temporary receipts, debits and other similar charges. These expenses are outside of the usual accounting enterprises like accounts receivable, employee benefits payable, and taxes payable.
What stage of accounting is known as accounts payable?
Accounts payable is money owed by a company to its creditors.
What is the difference between notes payable and trade payable?
The difference between trades payable and notes payable is based on the relationship with the business to which money is owed to. Trades payable is typically with a business' supplier while notes payable is usually with a bank. Their treatment in the cashflow statements also differs. With trades payable, the transaction is reported in the CFO (Cash flow from Operations) while notes payable under US GAAP is reported under CFF (Cash flow from financing).
What is is the difference between Commission Payable and Commission Receivable?
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
Difference between the salaries and salary-payable?
Salaries expense -can be paid or unpaid while salaries payable is finally pay the salaries...
What is the difference between bills payable and notes payable?
Bill or notes payable both are same things with different names and can be used interchangably to refer to one same thing.
