Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

Differences among

Save Share

This query is : Resolved

Quick Summary

This discussion clarifies the differences between trade payables, expenses payable, and creditors. Trade payables typically relate to goods and services for core business operations, including capital and operating expenses. Expenses payable are specifically for promoting activities. Creditors is a broader term often used interchangeably with trade creditors.

Daya

Daya (Querist)
Follow

19 September 2023 what are difference between Trade payable , Expenses payable and creditors.

RAJA P M

RAJA P M (Expert)
Follow

19 September 2023 Trade payables is products related activities... Expenses Payable is promoting related activities...

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
Follow

29 September 2023 Trade Payable will include liability for Capital, Operating Expenses etc., but Expenses payable will include operating business expenses only

Trade Creditors = Creditors are used synonymously

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now