I have several 1 1/4â³ soapstone pieces with heat resistance to 2000 degrees and it is great to find out, or to learn, that soapstone is also a thermal heat conductor. My soapstone off-cuts come from a maker of kitchen bench-tops. Because of its thermal properties I intend to make stove with oven on one side heated up via a firing box located under these two and channel the heat in.
Expense accounts such as salaries or wages expense are used to record an employee's gross earnings and a liability account such as salaries payable, wages payable, or accrued wages payable is used to record the net pay obligation to employees.
What is 'Accounts Payable - AP'. Accounts payable (AP) is an accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. On many balance sheets, the accounts payable entry appears under the heading current liabilities. Another common usage of AP refers to a business department or division that is responsible for making payments owed by the company to suppliers and other creditors.