Accounts Payable is an essential part of any successful business, and it’s important to understand the different types of accounts payable. The Normal Balance Of Accounts Payable is a system in which businesses use to record their payables and liabilities on their books. This system makes it easy for businesses to keep track of how much money they owe vendors and other stakeholders. It’s an orderly way to keep track of payments due, and to recognize liability when it arises. With the help of this system, businesses can remain organized and efficient in the way that they manage their finances.