Difference between Trade payable and expenses Payable
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20 December 2021
What is difference between Trade payable and Expenses Payable while making Balance sheet as per schedule VI of Balance sheet.
CA R SEETHARAMAN
(Expert)
21 December 2021
Trade payables constitute the money a company owes its vendors for inventory-related goods, such as business supplies or materials that are part of the inventory.
Expenses payable related to money company owes to service providers.
Expenses payable related to money company owes to service providers.
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