What about the A/P and capital purchases? Please? What about the A/P and capital purchases? Please? Solution AP =Account Payable Accounts that are owed to suppliers it is also known as trade creditors. It is also known as company credit purchases. It is considered as unpaid bills. It appears in Balance Sheet under Current Liability section. ________________________________________________________________________________ capital purchases: It means purchasing the business assets. Examples of Land, Machinery, equipment etc. It appears in Balance Sheet under Fixed Asset Section _____________________________________________________________________________________ .