Is Accounts Payable an asset?

Related questions

1. What do you credit when you debit accounts payable?
2. Is accounts payable debit or credit?
3. How does account payable work?
4. Why accounts payable is important in the company?
5. What is the accounts payable cycle?
6. How do PO numbers work?
7. What is the journal entry for accounts payable?
8. What is the 3 way match process in accounts payable?
9. What is the role of accounts payable?
10. What is the difference between a purchase order and an invoice?

Tags

1. #transactions
2. #current
3. #represent
4. #delayed
5. #ledger
6. #considered
7. #income
8. #liabilities
9. #recording
10. #liability
11. #sheet
12. #individual
13. #balance
14. #total
15. #statements
16. #financial
17. #payable
18. #overstating
19. #should
20. #asset
21. #subsidiary
22. #under
23. #effect
24. #accounts