Online Degrees and CLEP and DSST Exam Prep Discussion › Miscellaneous › Off Topic › What does this Flashcard mean or Do this math problem for me v
accounting- payable vs. expense

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Thread Modes
accounting- payable vs. expense
4dkids Offline
Member
***
Posts: 108
Threads: 31
Likes Received: 0 in 0 posts
Likes Given: 0
Joined: Jun 2007
#1
06-27-2007, 09:31 PM
What is the practical difference in these? Is one for expense recognition and the other as a "holding" account until you credit cash when you pay it? When that electric bill comes in,do you utilities expense or utilities payable it first? Thank you in advance.
Find
Reply


Messages In This Thread
accounting- payable vs. expense - by 4dkids - 06-27-2007, 09:31 PM
accounting- payable vs. expense - by 4dkids - 06-27-2007, 09:34 PM
accounting- payable vs. expense - by Kiwi Lover - 06-27-2007, 09:55 PM
accounting- payable vs. expense - by 4dkids - 06-27-2007, 11:28 PM
accounting- payable vs. expense - by sspeckma - 11-20-2009, 07:55 AM

Possibly Related Threads...
Thread Author Replies Views Last Post
  SL Accounting Question Mab81 3 2,657 07-06-2018, 08:10 PM
Last Post: Mab81
  Principles of Accounting, Part 4, Question 45 mstcrow5429 7 5,551 06-27-2007, 06:21 PM
Last Post: Sindaena
  Principles of Accounting: Inventory Question mstcrow5429 2 3,435 06-27-2007, 06:11 PM
Last Post: mstcrow5429
  accounting question 4dkids 2 2,495 06-26-2007, 08:29 PM
Last Post: iwannapass

Forum Jump:


Users browsing this thread: 1 Guest(s)