Accounts payable are generally recorded in two kinds of transactions. When a purchase is made on credit, the transaction is debited from the relevant expense account but cannot be credited to the vendor, as the bill is paid later. To solve this problem, the amount is credited to the accounts payable account. The AP turnover […]
Is Accounts Payable Credit or Debit? How To Record, Examples قراءة المزيد »
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5+ Best Accounting Software for Plumbers and Plumbing Businesses قراءة المزيد »
