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postnew [5]
2 years ago
14

What is the difference between accounts payable and accounts receivable?

Business
1 answer:
NeX [460]2 years ago
5 0

Accounts payable - <u>Accurately tracking what's owed to suppliers, ensuring payments are properly approved and processing </u><u>payments</u><u>.</u>

<u>\:  \:  \:  \:  \:  \:  \:  \:  \:  \:  \:  \:</u>

Accounts receivable - <u>The balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.</u>

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Answer:

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Explanation:

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