Question

What is meaning accounts receivable and accounts paybal?

Answer 1

WHEN...

NO ANY PERSON IS SHOW ON THE OTHER SIDE OF ACCOUNT.

THEN ARTIFICIAL PERSON SHOWS AS ACCOUNT PAYBLE OR RECEIVABLE.

MAYBE IT HELPS 4 U.

Answer 2

$\huge\boxed{\underline{\mathcal{\red{❥A}\green{N}\pink{S}\orange{W}\blue{E}\purple{R}}}}$

ᴀᴄᴄᴏᴜɴᴛs ʀᴇᴄᴇɪᴠᴀʙʟᴇ ᴀɴᴅ ᴀᴄᴄᴏᴜɴᴛs ᴘᴀʏᴀʙʟᴇ ᴀʀᴇ ᴇssᴇɴᴛɪᴀʟʟʏ ᴏᴘᴘᴏsɪᴛᴇs.ᴀᴄᴄᴏᴜɴᴛs ᴘᴀʏᴀʙʟᴇ ɪs ᴛʜᴇ ᴍᴏɴᴇʏ ᴀ ᴄᴏᴍᴘᴀɴʏ ᴏᴡᴇs ɪᴛs ᴠᴇɴᴅᴏʀs, ᴡʜɪʟᴇᴀᴄᴄᴏᴜɴᴛs ʀᴇᴄᴇɪᴠᴀʙʟᴇ ɪs ᴛʜᴇ ᴍᴏɴᴇʏ ᴛʜᴀᴛ ɪs ᴏᴡᴇᴅ ᴛᴏ ᴛʜᴇ ᴄᴏᴍᴘᴀɴʏ, ᴛʏᴘɪᴄᴀʟʟʏ ʙʏ ᴄᴜsᴛᴏᴍᴇʀs