Skip to main content
Taxes

Accounts receivable

is known as accounts payable.

Accounts payable is a term commonly used in the world of finance. It refers to the amount of money a company owes to its creditors, which is recorded as a liability on its balance sheet. These are typically unsettled transactions or claims that are part of the normal course of a business. As a knowledgeable professor, it is important to understand the significance of this term and how it impacts a company's financial standing.

Related terms

Effective tax rate

Understand the meaning and definition of Effective tax rate in the context of stock market, trading, and investments.

MORE
Valuation principles

Understand the meaning and definition of Valuation principles in the context of stock market, trading, and investments.

MORE
Statute of limitations

Understand the meaning and definition of Statute of limitations in the context of stock market, trading, and investments.

MORE
Schedular tax system

Understand the meaning and definition of Schedular tax system in the context of stock market, trading, and investments.

MORE
Onus of proof

Understand the meaning and definition of Onus of proof in the context of stock market, trading, and investments.

MORE
Lottery tax

Understand the meaning and definition of Lottery tax in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store