When you pay the credit card bill, you would record a decrease in the cash asset account on the balance sheet and a decrease in the "accountspayable" account on the balance sheet.
For example, the system maintains creditor account information, prepares checks to creditors, and produces the accountspayable schedule.
例如,系统维护债权人账户信息,准备支付给债权人的支票,并产生应付账款的清单。
3
The accountspayable system may also find the due dates for purchases on account and the last date on which cash discounts may be taken on those purchases.