what is difference between accounts receivable and accounts payable ?
Answer
- Lata
- 26 Jan
- 25447 Views
- 351 Answers
Your Answer
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VikrantVM
- 21 Jul
Account payable means, purchase a goods on credit basis and payment will received in future and it is business liability, short term current liability. Account receivable means we sales goods on credit basic and payment will made in future and it is business current assets.
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