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View Full Version : What is the difference between accounts receivable (AR) and accounts payable (AP)?

adilqureshi14
Aug 16, 2015, 12:06 AM
What is the difference between accounts receivable (AR) and accounts payable (AP)?”
Curlyben
Aug 16, 2015, 12:47 AM
one is money coming IN the other going OUT.
ScottGem
Aug 16, 2015, 09:05 AM
Payables is what you owe and receivables is what is owed you.