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The term payable as an adjective refers to something that is due or required to be paid. As a noun the word payable is a liability or debt owed by a business.
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What is the math term to the definition survey?
What is the math term to the definition survey?Well, the definition of survey is a method used and collects data.
What is the definition is they?
a statement of the meaning of a term
What is the definition of the term collaborative effort?
The definition of the term collaborative effort is: To work together, especially in a joint effort. Another definition is: To cooperate tresonably, as with an enemy occupation force in one's country.
What is the urban definition of the term blazin?
"Blazin" is a term used by many young adults in this generation. The urban definition of the term "blazin" specifically means the act of smoking the drug marijuana.
What is the definition of the term recorded delivery?
The definition of the term 'recorded delivery' is a post office service that keeps electronic or physical records of when and how a package was delivered.
Definition of bills payable?
what is bills payble
Examples of current liabilities?
accounts payable short term loan payable
What is the antonym of accounts payable?
Accounts receivable is the term for amounts due, while accounts payable are owed.While this is the "opposite" of accounts payable, it is NOT an antonym.
Payment on a long-term note payable affects working capital whereas payment on a short-term note payable does not why?
Foolish questions are not answered
Current maturity Of Long-Term Debt?
Current maturity of long-term debt is the amount which is liable to pay in current fiscal year Example: Long-term loan payable in 10 years = 10000 Current portion of loan payable in current year = 1000 Remaining portion payable in next 9 year = 9000 is the long-term debt payable
Is short term debt the same as current liabilities?
Current liabilities are liabilities that are due within 12 months. Short term debt is a current liability. However, there are other current liabilities. For example, taxes payable, interest payable, wages payable, accounts payable. Therefore, short term debt is not the same as current liabilities. (Short term debt is a current liability, but not all current liabilities are short term debt.)
Is long term notes payable current liability?
no
If a company converts a short-term note payable into a long-term note payable what would this transaction do?
decrease the current ratio and decrease the acid-test ratio
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
What is trade payable?
A trade payable is another term referred to as an account payable. Most companies have an accounts payable department responsible for making sure money is paid to other parties that the company received a service from.
Are notes payable considered current liabilities?
Typically not... Accounts payable will be current liabilities, as these relate to purchases that need to be payed back usually within the year unless otherwise specified. Notes payable usually relate to receiving loans from a bank that will most likely be paid in more than a year, so they will be long term. Tests should always specify, but if it doesn't say short or long term, Notes payable is LONG TERM Accounts payable is SHORT TERM
Is cash from term life insurance available before a death?
In term insurance, benefits are only payable against unfortunate eventuality of the policy holder within the term of the policy period and are payable to the appointed nominee.
