Executive Summary

Executive Summary

The accounts payable is a file or account sub-ledger that records amounts that a person or company owes to suppliers, but has not paid yet (a form of debt). The mobile phone company T-Mobile accounts payable for the year 2009 were $3,474 (dollars in millions) at the end of December of 2009. The accounts payable stayed kind of consistent with a 6% decrease, which brings it to the total of $3,248 (dollars in millions) at the last quarter of 2010.

The current total liabilities which is an obligation that legally binds an individual or company to settle a debt for T-Mobile in 2009 were $8,149(dollars in millions) and the current total liabilities were $4,455 (dollars in millions) which gives a decreased of 45%.

The two largest current liabilities are Accounts payable and accrued liabilities (stated above) and Current payables to affiliates in 2009 were $4,302 million, but the current payables to affiliates for the year 2010 were $805 million increasing 87%. The T-Mobile total liabilities at the end of its two most recent annual reporting periods are $8,149(dollars in millions) for year 2009 and the total liabilities for the year 2010 were $4,455 (dollars in millions) which give a total of 45% decreased from the year 2009 to 2010.

References

http://9to5google.com/2011/08/04/t-mobile-usa-reports-june-quarter-results-net-loss-of-55000-subscribers-income-down-48-percent/

http://www.t-mobile.com/Cms/Files/Published/0000BDF20016F5DD010312E2BDE4AE9B/5657114502E70FF301319AE29D9B02EB/file/TMUS%20Q2%202011%20Press%20Release-FINAL.pdf

http://www.marketwatch.com/story/t-mobile-usa-reports-second-quarter-of-2011-results-2011-08-04