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Posted by on Monday, March 3, 2008 at 9:29pm.

what is meant by "level of accounts payable"

  • finance - , Tuesday, March 4, 2008 at 6:55am

    This might either refer to the amount of accounts payable (unpaid bills), relative to total purchases over a period of time, or it may refer to the skill level required for an accounts-payable job, as in
    (Broken Link Removed)

    It seems like the phrase is being taken out of full context.

  • finance and accounting - , Tuesday, March 4, 2008 at 8:05am

    Account Word Problems like this I seem not to get the concept , please give me an exam as how to figure out this problem.


    1. The liabilities of Acosta Corporation equal one-third of the total assets. And
    stockholders equity is $160,000. What is the amount of the liabilities.

    Assets = Liabilities + S Equity

    ? = ? + $160,000

    2. The liabilities of the Cochran Company equal one-fifth of the total assets
    The stockholders equity is $40,000. What is the amount of the liabilities?

    Assets = Liabilities + S Equity

    ? = ? + $40,000

  • finance - , Tuesday, March 4, 2008 at 10:29am

    I have no exam to give you; we have no teachers of your subject on the Jiskha team.

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