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The balance in Accounts Payable is decreased with a _ entry?

<p>a. Debit</p> <p>b. Credit</p>

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Question ajoutée par SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline
Date de publication: 2014/09/30
Salih Mohamed
par Salih Mohamed , Chief Accountant , Yasin Al Hamed Advocates and Legal Consultants

Debit entry

Tharcilin Tharcilin
par Tharcilin Tharcilin , Junier accountant , International business machine

1.Debit

AP entry will increase Cr. & decrease Dr.

account payable is decreases with debit

 

khaled Ibrahim Sayed Abd El Salam Ibrahim
par khaled Ibrahim Sayed Abd El Salam Ibrahim , Chief Accountant , -ElMehy engineering company

We all say Debit , But I wish that every one can say the reason for that ,

I wish that every one here can apply and understand what I will say below ::--

((( Any account if increase will be according to its nature and decrease opposite of it  )))

Meaning lets apply the above Question on it , AP is always Credit = Increase is Credit = Decrease is Debit.

Muhammad Khawar Butt
par Muhammad Khawar Butt , Assistant Manager Accounts , Izhar Group of Industries

(a) Debit.

Debit. because accounts payable are always in credit and to decrease is Debit.

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