What is accounts payable (A/P)?

Unpaid bills. Accounts that are owed to suppliers (trade creditors) as distinguished from accrued ...

	Wednesday, March 11, 2015 accounts payable (A/P)   Term of the Day accounts payable (A/P) Unpaid bills. accounts that are owed to suppliers (trade creditors) as distinguished from accrued interest, rent, salaries, taxes, and other such accounts. Accounts payable are shown under current (short-term) liabilities in the balance sheet. Lenders and investors examine the relationship of these accounts to the firm's purchases in order to judge the soundness of its day to day financial ... Learn more about this term Usage Example This can include leases on real estate, loans, accounts payable to suppliers of material, tax liabilities or obligations to deliver product.   Featured Article HMO vs. PPO When approaching the decision to select a health insurance provider the options out there can be quite daunting. One of the biggest decisions you'll have to ... Read this article   Voice Your Opinion What do you wish you could tell your 13-year old self?   Take us with you! Download the BusinessDictionary app today.
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