A: Drizzle is defined as liquid drops of precipitation less than 0.02 inches in diameter falling close together, whereas rain is liquid precipitation of greater diameter and spaced further apart. Drizzle falls in amounts of less than 0.03 inches per hour and rain comes down at a rate of 0.04 inches per hour or more.
Electronic Data Interchange Electronic Data Interchange (EDI) is the electronic exchange of business information using a public standard format. It provides a common language for formatting business transactions which facilitates business-to-business integration by the flow of standardized electronic transactions between trading partners throughout the world.
When an account payable is paid, Accounts Payable will be debited and Cash will be credited. Therefore, the credit balance in Accounts Payable should be equal to the amount of vendor invoices that have been recorded but have not yet been paid.