Is accounts payable debit or credit?

Related questions

1. How is accounts payable recorded?
2. What is the journal entry for expenses?
3. What is the difference between a purchase order and an invoice?
4. What is the journal entry for accounts payable?
5. What is the difference between PO and Non PO invoice?
6. What is a PO in accounts payable?
7. Who creates a purchase order?
8. What does account payable mean?
9. What is p2p cycle?
10. How does account payable work?

Tags

1. #increase
2. #account
3. #liability
4. #balance
5. #accounts
6. #payable
7. #often
8. #credit
9. #supplier
10. #invoice
11. #vendor
12. #entry
13. #goods
14. #decrease
15. #expected
16. #services
17. #referred
18. #hence
19. #debit