Payables are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Receivables are amounts a company has a right to collect because it sold goods or services on credit to a customer.
Payables are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Receivables are amounts a company has a right to collect because it sold goods or services on credit to a customer.
Comments
0 comments
Article is closed for comments.