Accounts Payable Ledger

Business / Accounting / Accounts Payable Ledger: A subsidiary ledger which holds the accounts of a business's suppliers. A single control account is held in the nominal ledger which shows the total balance of all the accounts in the purchase ledger.

Other Words for Payable

Payable Verb Synonyms: due, owed, owing, outstanding, unpaid, receivable, mature
Payable Noun Synonyms: expenditure, disbursement, distribution, outlay, fee, contribution, charge, expense, payout
Payable Adjective Synonyms: result, outcome, upshot, conclusion, wind-up, settlement, final reckoning, punch-line, crunch, grand finale, kicker
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Note Payable

Business / Accounting / Note Payable: A debt owed to a creditor, evidenced by an unconditional written promise to pay a certain sum of money on or before a specified future date. MORE

Nominal Ledger

Business / Accounting / Nominal Ledger: A ledger which holds all the nominal accounts of a business. Where the business uses a subsidiary ledger like the sales ledger to hold customer details, the nominal ledger will usually include a contr MORE

Payable Through Drafts

Business / Finance / Payable Through Drafts: A method of making payment that is used to maintain control over payments made on behalf of the firm by personnel in noncentral locations. The payer's bank delivers the payable through draft to the pa MORE

Payable-On-Death

Business / Taxes / Payable-On-Death: A bank account titled payable-on-death (POD) lets you name one or more beneficiaries to whom the assets are paid when you die. POD accounts can be useful estate planning tools in the states where they MORE

Payables

Business / Finance / Payables: Related: Accounts payable MORE

Nominal Accounts

Business / Accounting / Nominal Accounts: Accounts that are closed to a zero balance at the end of each accounting period: temporary accounts generally appearing on the income statement. MORE

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