How do accounts payable and accounts receivable differ?

[Patrivk]

How do accounts payable and accounts receivable differ?

[Meanwhile]

Well, start with this reliable resource about what is the difference between accounts payable and accounts receiv.... I do respect it a lot. Plus make sure you are aware that when you make a purchase, you should record accounts payable in your general ledger as a debit to your account and a credit the vendor. When you make a payment for the goods or services received, you should debit the vendor's account and credit your accounts payable. Good luck

[big bear]

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