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What is the difference between accounts payable and accrued expenses payable?

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تم إضافة السؤال من قبل Ali Rehan Javed , Computer Operator , Security Nine One One (Pvt) Ltd
تاريخ النشر: 2018/06/09
Ali Rehan  Javed
من قبل Ali Rehan Javed , Computer Operator , Security Nine One One (Pvt) Ltd

Accounts payable is the total amount of debt the company has to pay to its creditors for goods or services bought on credit. On the other hand, accrued expenses is the total liability that is payable for goods and services that have been received but not been billed.

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