Question: The difference between accounts receivables and accounts payable is ? Payable are due to you from others for work you agreed to , whereas receivables
The difference between accounts receivables and accounts payable is
Payable are due to you from others for work you agreed to whereas receivables are the difference between actual performance and planned performance.
None of the answers above are correct
There is no difference between accounts receivables and accounts payable
Payables are due from you to others for work orders, delivered and receivables are due to you from others for work you fyreed to
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
