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Dividend payable is the amount which is payable by the company to share holders so it is a liability of company and not an asset.
The amount that needs to be paid to the recipient.
Accounts payable are the amounts owed to a supplier that the buyer holds an account with. Notes payable is the amount owed to creditors, that is, suppliers that the buyer does not hold an account with.
Veteran is a term used to refer to someone that is experienced in a some way or another. Experience in war is something that no amount of description can share. Rather than saying War Veteran, it has over time become simply Veteran.
A check payable to someone means that the person named on the check is authorized to receive the money specified on the check. When the recipient deposits or cashes the check, the bank deducts the amount from the account of the person who wrote the check.
Provision means the expenditure known but not exact amount to be spent that is unknown but payable means the exact amount of expenses knows that is to be paid.
Current liability is that amount which is payable by company within one fiscal year and the amount payable to creditors or other third parties.
A: Medical benefits are payable at 80% of the amount incurred due to a covered injury. The amount of death benefit payable for an insured person is $5,000. Disability benefits are payable at 60% of any lost wages incurred due to a covered injury. The total amount payable under PIP for any one accident is $10,000.
Accounts payable is created when goods purchased on credit so it records the credits that is how much amount payable to creditors.
False, Accounts payable represents the amount payable to creditors rather debtors which is called accounts receivable.
total the amount of owed bills
Balance sheet of the company shows the total amount of accounts payable for a fiscal year of business.