account payable

English - Turkish

Definition of account payable in English Turkish dictionary

(Askeri) ALACAKLILAR HESABI

Related Terms

accounts payable account

hesapları ödenecek hesap

bond payable account

ödenecek tahvilat hesabı

English - English

Definition of account payable in English English dictionary

liability created by buying goods or services on credit (p 39)

a liability account showing how much is owed for goods and services purchased on credit

= an amount owing to creditors It represents a liability for purchases, interest charges, etc

a liability created by buying goods or services on credit (p 42)

Any amount owed as the result of a purchase of goods or services on a credit basis. Although a firm making a purchase issues no written promise of payment, it enters the amount owed as a current liability in its accounts. Companies often incur this type of short-term debt in order to finance their inventories, especially in industries where inventory turnover is rapid. See also account receivable

An amount owed to a supplier for good or services purchased on credit; payment is due within a short time period, usually 30 days or less

Creditor Basic credit

A debt owed by an enterprise and arising out of the normal course of business dealings

Amount owed to a CREDITOR for delivered goods or completed services A liability created by a purchase made on credit

Amount owed to a CREDITOR for delivered goods or completed services

An unpaid invoice for the purchase of merchandise, supplies, and services, usually shown on a balance sheet as due within one year

An amount owing to creditors, representing a liability, for purchases of goods or services

Account Payable represents amounts the company owes to its regular business creditors from whom it has bought goods or services on open account Advertising expense that will be paid to the advertising agency is Account Payable

An amount owed to a supplier for goods or services purchased on credit; payment is due within a short time period, usually 30 days or less

Hyphenation

ac·count pay·a·ble

Turkish pronunciation

ıkaunt peyıbıl

Synonyms

balance due, bill, debt, invoice, liability, tab, unpaid bill

Pronunciation

/əˈkount ˈpāəbəl/ /əˈkaʊnt ˈpeɪəbəl/