answersLogoWhite

0


Best Answer

whats is the meaning of payable schedule?

User Avatar

Wiki User

โˆ™ 2008-08-18 10:24:04
This answer is:
User Avatar
Study guides
4.04
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
180 Reviews

Add your answer:

Earn +20 pts
Q: What is is the meaning of payable schedule?
Write your answer...
Submit
Still have questions?
magnify glass
imp
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.


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

No


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.


What represents cash paid to creditors to Accounts 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.


What to accounts payable represents account paid to creditors?

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.


What to accounts payable represents cash paid to creditors?

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.


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


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.

People also asked