>Does anyone know the difference among the word "liabilities", "payables", and "debt" ?
You might need to study accounting (if you are not doing already) to appreciate the fine tuning.
There is a very good Accounting Dictionary at
http://www.ventureline.com/glossary.htmHere's a couple of examples from it to help you answer your question:
ASSET is anything owned by an individual or a business, which has commercial or exchange value. Assets may consist of specific property or claims against others, in contrast to obligations due others. (See also Liabilities). Accountant's Equation The equation that is the basis of a balance sheet. It is as follows: Assets = Liabilities + Owners' Equity.
LONG-TERM LIABILITIES are liabilities of a business that are due in more than one year. An example of a long-term liability would be a mortgage payable.
LONG TERM DEBT is all senior debt, including bonds, debentures, bank debt, mortgages, deferred portions of long term debt, and capital lease obligations
TOTAL CURRENT ASSETS is total of cash & equivalents, trade receivables, inventory and all other current assets.
TOTAL CURRENT LIABILITIES is the total of notes payable-short term, current maturities-LTD, trade payables, income taxes payable, and all other current liabilities.
WORKING CAPITAL (WC) (the difference between current assets and current liabilities) measures the margin of protection for current creditors. It reflects the ability to finance current operations.
>And which one is correct : "date of shipment" or "shipment date"?
I assume that they are both the same. We don't talk so much about shipping in the UK (unless we are using a ship) -
I'm sure someone is bound to correct me on that one! We usually talk about delivery charges (post and packing) and delivery dates instead. Although the term shipping creeps into American based accountancy packages.