Accounts payable assessment | Questions with
Complete Solutions 100% Correct
, The general ledger liability
account Accounts Payable
is a current __________
account.
A ______ balance is credit
typical for Accounts
Payable.
The balance in Accounts debit
Payable is decreased with
a ______ entry.
An account payable on receivable
the books of the buyer
should be an account
_ _____ on the books of
the seller.
Accounts payable are also trade
known as __________
payables.
PO is the abbreviation for Purchase Order
__________ __________.
Suppliers are also referred vendors
to as _____ _.
A form or record voucher
sometimes used to
assemble the
documentation and
approvals necessary for
paying a vendor's invoice
is a_______.
Complete Solutions 100% Correct
, The general ledger liability
account Accounts Payable
is a current __________
account.
A ______ balance is credit
typical for Accounts
Payable.
The balance in Accounts debit
Payable is decreased with
a ______ entry.
An account payable on receivable
the books of the buyer
should be an account
_ _____ on the books of
the seller.
Accounts payable are also trade
known as __________
payables.
PO is the abbreviation for Purchase Order
__________ __________.
Suppliers are also referred vendors
to as _____ _.
A form or record voucher
sometimes used to
assemble the
documentation and
approvals necessary for
paying a vendor's invoice
is a_______.
