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    Mansoor Ahmed's Avatar
    Mansoor Ahmed Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Oct 20, 2008, 07:56 AM
    Accounting
    What the Difference Between Account Receivable & Account Payable?:confused:
    hamzashakaa's Avatar
    hamzashakaa Posts: 161, Reputation: 8
    Junior Member
    		  
    #2

    Oct 20, 2008, 08:12 AM

    Accounts receivables is the amounts that I want from others accounts payable is the amounts that I should pay to others.
    ryan2440's Avatar
    ryan2440 Posts: 13, Reputation: 1
    New Member
    		  
    #3

    Oct 20, 2008, 08:25 PM

    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.
    muslimrao's Avatar
    muslimrao Posts: 34, Reputation: 2
    Junior Member
    		  
    #4

    Oct 25, 2008, 12:38 AM

    Is this your homework ?
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