What the Difference Between Account Receivable & Account Payable?:confused:
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What the Difference Between Account Receivable & Account Payable?:confused:
Accounts receivables is the amounts that I want from others accounts payable is the amounts that I should pay to others.
Accounts receivable is when you sell services to same one else on account and they owe you money.
Accounts payable is when you buy something on account and you have to pay it back later.
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