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Differences among

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

RAJA P M

RAJA P M (Expert)
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19 September 2023 Trade payables is products related activities... Expenses Payable is promoting related activities...

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
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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

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