noun नाम

Account payable meaning in marathi

देय खाते

  • Definition

    a liability account showing how much is owed for goods and services purchased on credit

    क्रेडिटवर खरेदी केलेल्या वस्तू आणि सेवांसाठी किती देय आहे हे दर्शवणारे दायित्व खाते

  • Synonyms

    payable (देय)

noun

Account payable meaning in marathi

देय खाते

  • Definitions

    1. A balance due to a creditor on a current account.

    चालू खात्यावरील धनको देय असलेली शिल्लक.

  • Examples:
    1. After delivery, sellers issue an invoice, recorded as an account receivable by the seller and an account payable by the buyer.

    2. If a company, for example, purchases $500 in raw materials from its supplier on credit, the company incurs a $500 account payable.

    3. Until that time, the amount is held as an account payable and added to the current liabilities of your business. When an outstanding expense is paid, the payment amount is subtracted from a cash account and removed from the accounts payable.