Also known as accounts payable, this refers to the amount owed by a company to its suppliers, and is considered to be a part of current liabilities on the balance sheet. However, trade creditors does not include accruals and other non-trade creditors (such as HMRC).
Articles in this section
- What is a LEI number?
- On a balance sheet: what is Cash?
- What is stock (Capital or Equity)?
- What are Other Short Term Finances?
- What is overdraft in a balance sheet?
- What are Trade Debtors?
- What are Current Assets?
- What are Fixed Assets?
- What are Intangible Assets?
- What are Tangible Assets?