Ask Question
18 April, 17:59

What is the difference between accounts receivable and accounts payable?

+1
Answers (1)
  1. 18 April, 18:34
    0
    What is the difference between accounts receivable and accounts payable?

    Explanation:

    Accounts receivable are the amounts owed to a company by its customers. Receivables are classified as a current asset.

    Accounts payable are the amounts that a company owes to its suppliers. Payables are classified as a current liability
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is the difference between accounts receivable and accounts payable? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers