If you’ve only recently stepped foot into the accounting and bookkeeping arena, you may still find yourself confused about accounts payable and accounts receivable. Both processes are part of the accounting cycle and are regularly used by businesses that use double-entry or accrual accounting.
Original Article Source Credits: the blueprint, https://www.fool.com
Article Written By: Mary Girsch-Bock
Original Article Posted on: February 1, 2021
Link to Original Article: https://www.fool.com/the-blueprint/accounts-payable-vs-accounts-receivable