Explain the difference between accounts payable and accrued liabilities.

What will be an ideal response?


Accounts payable are accounting entries in the current fiscal year for goods and services that won't be paid for until the next fiscal year. Accrued liabilities are accounting entries at the end of a fiscal year for expenses (such as payroll and interest payments) that will cross to the next fiscal year.

Health Professions

You might also like to view...

The location, key, and access codes for lock boxes should be noted and provided to the ___ department

A. fire B. police C. water D. inspection

Health Professions

Explain how hematopoiesis uses autocrine, paracrine, and juxtacrine signaling. Choose one and provide an example of signaling through that pathway

What will be an ideal response?

Health Professions

characteristic of open punctuation is ___. 

A. a colon after the salutation B. no punctuation after the copy notation C. a comma after the complimentary closing D. a period after the enclosure notation E. a colon after Attention in the attention line

Health Professions

HIV has disproportionately affected which U.S. minority population the most??

A) Native Americans B) African Americans C) Latinos D) Eastern European immigrants

Health Professions