A/c
This query is : Resolved
30 November 2014
how can a decrease in trade payable result in decrease in assets??
Cpt fundamental of accounting textbook pg no 1.44 que no 2.(iv)
30 November 2014
Trade Payable reduces when payment is made. When payment is made the bank balance or cash balance reduces. So decrease in Trade Payable results in decrease of assets.
Rupesh Jain
(Expert)
01 December 2014
WHE YOU MAKE PAY. TO PAYABEL THEN YOUR CASH/BANK BLA. WILL REDUCE.
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