Accounts Payable
See Also: Account Reconciliation Accounts Payable Turnover Cost Volume Profit Definition Accounts Receivable Accounts Receivable Turnover Unearned Revenue Accounts Payable Definition The accounts payable definition is a current liability account on the balance sheet. The account represents the company’s short-term financial obligations to creditors and suppliers – goods and services the company has already received
July 23, 2013
