Accounts receivables are the money that is owed to a business, accounts payables are the invoices or bills that a company has incurred and must pay to their vendors or suppliers. A/R Accounts...
Accounts Receivable are any invoices you have on your books that your customers still owe money for (credit).Accounts Payable are any invoices that your company needs to pay- bills, suppliers etc.
Account Receivables are the right to claim against the sale of goods made by any business. It is merely concern with the sale of primary business product. Account Payables are the obligation to pay...