Accounts payable is the amount of money a company owes to its vendors or suppliers for goods and services received.

• It is a liability account in the company's balance sheet.

• It includes invoices, bills,...read more

Amount of a company than owes because it published goods and services for an credit from vendor or supplier

Money paid to the vendor for different reasons like purchasing of goods.

Account Payable means pay amount to employee and pay any office managment cost and they show our balance sheet

Account payable means finding vendor from market and end with the payment to the vendor..

an account with in the general ledger that represents a company's obligation to pay off a short term debt to its creditors or suppliers

Accounts payable is that type of short term liability which is repayable to third party on it's due date.it is shown as liability in the company's balance sheet.