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If you are talking about a particular person who has that exact title, then it is correct to capitalize Accounts Payable Administrator.
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When services are rendered but payment is not made which account would be increased?
Accounts payable
What is a subsidiary account for accounts payable?
the accounts payable account is on the general ledger and is generally comprised of many smaller vendor accounts which are listed and tracked separately in the "accounts payable subsidiary ledger". So each vendor would be a subsidiary account of the accounts payable ledger.
What is the journal entry for paid back a portion of the accounts payable?
To record the payment of a portion of accounts payable, the journal entry would debit the Accounts Payable account to decrease the liability and credit the Cash account to reflect the cash outflow. For example, if $1,000 of accounts payable is paid, the entry would be: Debit: Accounts Payable $1,000 Credit: Cash $1,000 This entry reduces both the outstanding liability and the cash balance.
On a balance sheet the accounts payable salaries payable and mortgage notes payable would fall under the category of?
Liabilities.
What are the two categories of accounts payable?
Accounts Payable or Notes Payable, which also fall under Current Liabilities (to be paid in one 12 months or less) and Long-Term Liabilities (paid in more than 12 months) Accounts Payable would fall under Current Notes Payable would fall under Long-Term
When services are rendered but payment is not made which account would be increased?
Accounts payable
What is a subsidiary account for accounts payable?
the accounts payable account is on the general ledger and is generally comprised of many smaller vendor accounts which are listed and tracked separately in the "accounts payable subsidiary ledger". So each vendor would be a subsidiary account of the accounts payable ledger.
What is the journal entry for paid back a portion of the accounts payable?
To record the payment of a portion of accounts payable, the journal entry would debit the Accounts Payable account to decrease the liability and credit the Cash account to reflect the cash outflow. For example, if $1,000 of accounts payable is paid, the entry would be: Debit: Accounts Payable $1,000 Credit: Cash $1,000 This entry reduces both the outstanding liability and the cash balance.
On a balance sheet the accounts payable salaries payable and mortgage notes payable would fall under the category of?
Liabilities.
What are the two categories of accounts payable?
Accounts Payable or Notes Payable, which also fall under Current Liabilities (to be paid in one 12 months or less) and Long-Term Liabilities (paid in more than 12 months) Accounts Payable would fall under Current Notes Payable would fall under Long-Term
On a balance sheet the accounts pauable and salarys payable would fall under the catergory of?
Accounts payable and salaries payable both are part of current liability of balance sheet and shown there at liability side.
On a balance sheet the accounts payable and salaries payable would fall under what category?
current liability
Would Accounts payable go under statement of changes in owner's equity in a financial statement?
No. Accounts payable is a liability account, which is used in the balance sheet.
Which normally has a credit balance - accounts receivable or notes payable?
Notes Payable is a liability, so it would normally have a credit balance. Accounts Receivable is an asset which would normally have a debit balance.
On a balance sheet the accounts of accounts payable salaries payable and mortgage notes payable would fall under the category of?
Accounts payables and salaries payable are part of current liability in balance sheet while current portion of mortgage notes payable is part ot current liability and remaining portion is part of long term liability.
Why would Accounts payable increase?
payment to account payble has increase
How do you calculate accounts payable?
Accounts payable are invoices from suppliers to a company that need made payments on. One would have to get the total dollar amount of purchases during a given time.
