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Accounts payable

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Q: Who is responsible for posting authorized credits to accounts payable?
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Which accounts belong in accounts payable ledger?

belong to credits


Does an account payable ledger record credits or debits?

Accounts payable is created when goods purchased on credit so it records the credits that is how much amount payable to creditors.


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 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 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.


Responsible for payment?

The Accounts Payable clerk is responsible for providing payment on an account.


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.


Does a credit to accounts payable represents cash paid to creditors?

No actually... Cash paid to credits should credit cash account and debit payable account


Does credit to accounts payable represents cash paid to creditors?

No actually... Cash paid to credits should credit cash account and debit payable account


Does a credit to accounts payable represent cash paid to creditors?

No actually... Cash paid to credits should credit cash account and debit payable account


What can one do with an accounts payable clerk?

An accounts payable clerk is a position where one works in a specific division of an accounting department. An accounts payable clerk is the one that is responsible for making payments on behalf of the company one works for in order for payments to be made on time.


Are creditors accounts payable or accounts receivable?

Accounts Payable