Difference between Accounts Payable and Accounts Receivable
Distinguishing Accounts Payable and Accounts Receivable Let’s talk about Accounts Payable (AP) and Accounts Receivable (AR). Imagine these as two buckets: one for money you need to give (Accounts Payable) and another for money you’ll get (Accounts Receivable). It’s like having a piggy bank, but a bit more grown-up. Let’s break it down with smiles […]
