A business's short-term liabilities, such as obligations for goods purchased from suppliers and money owed to creditors, are listed in the accounts payable (AP) ledger. Accounts receivable (AR) refers to money a business anticipates getting from clients and partners. On the balance sheet, AR is categorized as a current asset. But you don't have to worry about any of those things. I'm here to help you with all your accounts payable, receivable, and bank reconciliations.
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