answersLogoWhite

0

Accounts Receivable = money someone owes to you (you receive money in)

Accounts Payable = money you owe to someone else (you pay money out)

User Avatar

Wiki User

15y ago

Still curious? Ask our experts.

Chat with our AI personalities

CoachCoach
Success isn't just about winning—it's about vision, patience, and playing the long game.
Chat with Coach
BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi

Add your answer:

Earn +20 pts
Q: What is bills receivables and bills payables?
Write your answer...
Submit
Still have questions?
magnify glass
imp