No, accounts payable is an example of liablity. Accounts payable is a liability rather than an asset. Accounts Payable is the obligation of the company to pay within normal operating cycle due to purchase of goods or services to its vendors on credit.LIABILITy
In accounting, liability is the payables or debts of a business to settle. This an obligation of the company to settle to another company. Liabilities have two main categories:1. Current Liabilities
-these are payables,obligations or debts which are short-term payables that needs to be paid or settled by the business within a year.Some Examples of Current LiabilitiesAccounts PayableInterest PayableIncome Tax PayableAccrued ExpensesShort-term loans2. Non-Current Liabilities
-these are payables, debts or obligations that are long-term liabilities that can be settle after a year or more than a year.Some Examples of Non-Current LiabilitiesBonds PayableLong-term Notes PayableDeferred Tax LiabilitiesMortgage Payable
Further related topics about assets and liabilities
What is the opposite of assets
For related topics about fundamental accounting equation
The base ingredients for fish stocks are fish bones, heads and seasonings like salt. For westerns, mirepoix is included in the mixture. Mirepoix is made up of carrots, onions and, celery.
However, the Japanese prepare dashi by using dried fish flakes called bonito and seaweeds called kelp.
Unlike other stocks such as beef, pork, or chicken, Fish stocks are cooked on a lesser time because it spoils the flavor.
Fish stocks are a base ingredient, for fish soup and sauce. A fish sauce is prepared by fermenting a fish soaked in a mixture with the help of salt.
What is the role of fermentation?
Look at the study of economics like supply/demand, efficient pricing, lowering costs, etc. You can use this into real world situations and apply it to solve the problems that every business has.