On financial statements, your business income and your cash are not the same things. On the company income statement, accounts payable – the bills you haven't paid yet – is a negative entry, ...

In accounting, the taxes you're going to pay down the road are as important as the ones you're currently writing a check for. Owing a big load of income tax bill affects your firm's financial future, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...

What is an Account Payable? The amount a company owes to vendors or suppliers in the short-term for goods or services the company received on credit. An account payable (AP) is a balance shown on a ...