No
Payable towards capital (equipments) expenditure.
The main purpose of this calculation is to find the salary and wages payable liability to show in the liability side of the balance sheet.
Accounts Payable, bank overdraft, GST payable
Basic accounts found on the balance sheet include : ASSETS Cash, Marketable Securities, Accounts Receivable, Inventory, Prepaid Expenses,Investments (Long Term), Plant & Equipment(Less Depreciation) LIABILITIES Current Liabilities include: Accounts payable, Notes, Payable, Accrued Expenses, Long Term Liabilities include: Bond Payable Stockholders Equity include: Preferred Stock, Common Stock, Capital Paid in excess of par, Retained Earning, less Treasury Stocks.
Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Wages Payable, Capital
Payable towards capital (equipments) expenditure.
The main purpose of this calculation is to find the salary and wages payable liability to show in the liability side of the balance sheet.
Accounts Payable, bank overdraft, GST payable
Basic accounts found on the balance sheet include : ASSETS Cash, Marketable Securities, Accounts Receivable, Inventory, Prepaid Expenses,Investments (Long Term), Plant & Equipment(Less Depreciation) LIABILITIES Current Liabilities include: Accounts payable, Notes, Payable, Accrued Expenses, Long Term Liabilities include: Bond Payable Stockholders Equity include: Preferred Stock, Common Stock, Capital Paid in excess of par, Retained Earning, less Treasury Stocks.
Foolish questions are not answered
A bonus is exactly that, a bonus. There is no requirement for there to be any calculation regarding a bonus.
Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Wages Payable, Capital
Additional paid in capital is an asset to a business. If this type of capital has to be paid back to a financial institution, then it will also become an accounts payable or liability.
Wages Payable, or Payroll Liabilities. Also, classifies as Capital Expense.
Debit:Partners Capital Credit: Accounts Payable
Assets in a company's financial statements include cash, inventory, equipment, and investments. Liabilities include loans, accounts payable, and bonds payable.
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