Can Accounts Payable be negative?

[Uzair]

And yes thanks Kamran for this detailed explanation,, I certainly had neva gone thru IAS 32 before.

Hey Kamran one more thing man,, can u like refer me some good guide to IFRS I've really bin looking for one for quiet some time.

I would also rather prefer one written bu you as your explanations i.e ur unquote versions click to me at once ;-)