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    keith6292's Avatar
    keith6292 Posts: 29, Reputation: 1
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    #1

    Aug 21, 2011, 12:37 PM
    Prepare schedule of accounts payable
    I have a schedule of accounts payable as of Feb 28. So when asked to prepare a schedule of accounts payable on march 31 do I include the accounts that were on the Feb 28 schedule.
    So accounts payable on Feb 28th, Creative works 1,500. During march on bought another 1,000 on account. Now on the Mar schedule of accounts payable would Creative works be 2,500?

    Thanks for your help.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Aug 22, 2011, 06:33 AM
    You would include all amounts and accounts that are still outstanding, which means amounts that you still owe to another company.
    keith6292's Avatar
    keith6292 Posts: 29, Reputation: 1
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    #3

    Aug 22, 2011, 06:48 AM
    Perfect. Thanks for your help.
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