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strojnjashka [21]
3 years ago
7

* Distinguish between Accounts Receivable and Account Payable.

Business
2 answers:
Romashka-Z-Leto [24]3 years ago
7 0

Answer:

Accounts receivable are the amounts owed to a company by its customers. it is an asset to the company

accounts payable are the amounts that a company owes to its suppliers.it is a  liability to the company

Explanation:

geniusboy [140]3 years ago
6 0

Explanation:

Accounts receivable is money owed to a company by its debtors.

Account payable amounts due to vendors or suppliers for goods or services received that have not been yet paid for.

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