Category Archives: Entertainment

A Payment Was Due To A Supplier

What Are Accounts Payable (AP)? Accounts payable (AP), or “payables,” refer to a company’s short-term obligations owed to its creditors or suppliers, which have not yet been paid. Payables appear on a company’s balance sheet as a current liability. Another, less common usage of “AP,” refers to the business department or division that is responsible for making payments… Read More »

Babylon Is A Historical City

Where Is Babylon? The city of Babylon was located about 50 miles south of Baghdad along the Euphrates River in present-day Iraq. It was founded around 2300 B.C. by the ancient Akkadian-speaking people of southern Mesopotamia. Babylon became a major military power under Amorite king Hammurabi, who ruled from 1792 to 1750 B.C. After Hammurabi conquered neighboring city-states, he brought… Read More »