How about Accounts due to suppliers?
2007-09-05 08:13:59 · 6 answers · asked by m s 1 in Business & Finance ➔ Other - Business & Finance
Money flowing into the company, whether it be from customers or associates is considered A/R or accounts receivable.
Money due out of the company is A/P or accounts payable. Accounts due out to suppliers also fall under payables.
2007-09-05 08:18:21 · answer #1 · answered by sleepingliv 7 · 0⤊ 0⤋
Any bill that is owed to a company is a account receivable. Any bill that the company owes to someone else is accounts payable.
Hope that helps.
2007-09-05 15:17:37 · answer #2 · answered by Sturm und Drang 6 · 0⤊ 0⤋
the first is accounts receivable, the one to suppliers is accounts payable
2007-09-05 15:17:16 · answer #3 · answered by w00189wr 4 · 0⤊ 1⤋
Any monies due to your company is accounts receivable. Any monies you pay out from your company is accounts payable.
2007-09-05 15:18:36 · answer #4 · answered by *Cara* 7 · 0⤊ 0⤋
I think so, they all just kind of fall into the accounting department.
2007-09-05 15:17:48 · answer #5 · answered by J.L.K. 2 · 0⤊ 0⤋
yes === no!!!
2007-09-05 15:17:40 · answer #6 · answered by mister ed 7 · 0⤊ 0⤋