Accounts Payable Cash Flow Staffing 
AIHR
JANUARY 11, 2023
For example, when a business purchases a new asset worth $1,000 on credit, the amount would be entered as a debit in the equipment (asset) account and a credit in the accounts payable (liability) account. A transaction is entered into an accounting record, typically in the ledger. Transaction.
Walk Me
AUGUST 18, 2022
Within this, basic accounting terms must be familiar to the hospital manager, such as accounts receivable (AR), which involves money owed to the organization. And finally, accounts payable (AP) refers to the amounts of money that need to be paid by the hospital to suppliers of goods or services. Contract management.
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