it is so important for the business...Accounts receivables are the money that is owed to a business, accounts payables are the invoices or bills that a company has incurred and must pay to their vendors or suppliers. A/R Accounts...
an Accounts Receivable is a file with a person's name or a Company's name that owes money to you or to another company eg: John Doe ordered 20 books from my bookstore, because he has an account...