What is the similarities in accounts payable and accounts receivable ?

AnswerBot
10mo

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
4mo
Accounts payable represents money that your business owes to suppliers, accounts receivable represents money owed to your business by customers.
Anonymous
author
10mo
Accounts payable and accounts receivable they both are provide funds in and out of your business.
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