Definitions for "payables"
Keywords:  owed, suppliers, money, bought, goods
A balance sheet item which equals the sum of all money owed by a company and...
Amounts of money owed to creditors for services already rendered or goods already provided.
Money owed by a company. Money is typically owed to trade suppliers, employees, taxes, and banks.
A bookkeeping term for the costs of purchases or other obligations made but not yet paid.... read full article
Keywords:  liabilities, current
same as current liabilities