What is the similarities in accounts payable and accounts receivable ?

AnswerBot
1y

Accounts payable and accounts receivable are both essential components of a company's financial management.

  • Both involve tracking and managing financial transactions.

  • Both are part of the company's bala...read more

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Anonymous
7mo
Accounts payable represents money that your business owes to suppliers, accounts receivable represents money owed to your business by customers.
Anonymous
author
1y
Accounts payable and accounts receivable they both are provide funds in and out of your business.
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