what is the difference between accounts receivable and accounts payable?
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![]() Angemeldet seit: 01.05.2021 Beiträge: 207 |
what is the difference between accounts receivable and accounts payable? | |
![]() Angemeldet seit: 23.09.2021 Beiträge: 208 |
Both accounts have their own functions and look different on paper, but both are essential to keeping a business in good standing with its bank and creditors. Accounts payable and receivable are two of the most important financial functions of any business. Accounts receivable is just that; an inventory of all money owed to a business from its customers. if you need a proper info - https://pharmbills.com/blog/differen...counts-payable is that solution in order to get to know all possible differences. | |