Chandler Arizona Balance Sheet Support Schedule regarding Accounts Payable

State:
Multi-State
City:
Chandler
Control #:
US-03616BG
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Word; 
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Description

A balance sheet is an accounting tool used to summarize the financial status of a business or other entity. It generally lists assets on one side and liabilities on the other, and both sides are always in balance. Assets and liabilities are divided into short- and long-term obligations including cash accounts such as checking, money market, or government securities. At any given time, assets must equal liabilities plus owners equity. An asset is anything the business owns that has monetary value. Liabilities are the claims of creditors against the assets of the business. A balance sheet is usually prepared each month, quarter of a year, annually, or upon sale of the business, in order to show the overall condition of the company.


Account payable means a debt payable by a person or company to a creditor, or an enterprise in the normal course of its business. Account payable is usually maintained in the form of a file or statement of account. Generally, when a bill is received from a supplier or creditor, it is added to the account payable and removed from it when the amount is paid. For example: bills obtained for goods or services received and not yet paid. The account payable of a household usually consists of ordinarily bills from the electric company, cable television, telephone company, or satellite dish service, newspaper subscription, and other such regular services. It is also known as payables, note payable, or trade payable.

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FAQ

1. : a maker or seller of tallow or wax candles and usually soap. 2. : a retail dealer in provisions and supplies or equipment of a specified kind. a yacht chandler.

/???ps t?ændl?r/ (also chandler) ?a person or shop that sells equipment for ships and boats.

A person who sells supplies for boats or ships: The ship's chandler always needs extra help when a boat comes in. He became a yacht chandler in Shaldon, at the mouth of the River Teign.

Origin of chandler1. 1275?1325; Middle English chandeler candlestick, maker or seller of candles < Anglo-French, Old French chandelier, literally, someone or something connected with candles, equivalent to chandelle candle + -ier -ier 2.

Chandler (occupation), originally head of the medieval household office responsible for candles, now a person who makes or sells candles. Ship chandler, a dealer in supplies or equipment for ships.

Chandler (noun as in dealer) Strongest matches. banker merchant retailer trader trafficker vendor wholesaler.

Welcome to Chandler, AZ ? a dynamic city known for its tech innovation, cultural districts, and diverse architecture. With a thriving arts scene and commitment to innovation, Chandler is recognized globally.

Chandler in Occupations topic From Longman Dictionary of Contemporary Englishchand?ler /?t???ndl? $ ?t?ændl?r/ noun [countable] someone who made or sold candles in the past ? ship's chandlerExamples from the Corpuschandler? In 1788 the Tandragee Circuit was formed in the house of James Lemon, a chandler.

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Chandler Arizona Balance Sheet Support Schedule regarding Accounts Payable