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What is is the difference between Commission Payable and Commission Receivable?
Wiki User
∙ 14y ago
Commission Payable is Commission that you pay, Commission Receivable is Commission someone is paying you.
Wiki User
∙ 14y ago
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What is difference between bill receivable and bill payable?
bill receivable is what is owed to a company; bill payable is what is paid
What is the difference between account receivable and accounts payable confirmation?
account receivable- money coming in for profit account payble-money going out for a expense
What is the difference between Accounts Payable and Accounts Receivable?
Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Accounts receivable are amounts a company has a right to collect because it sold goods or services on credit to a customer. Accounts payable are liabilities. Accounts receivable are assets.
What is the difference between accounts payable and accounts receivable for medical billing?
Accounts payable and accounts receivable are the same for any business, whether service, merchandising, or even medical billing. An account payable is any account that the company or business owes to another entity. It is a liability account and goes under liabilities until the balance is paid in full. An account receivable is just the opposite. Is the account balance of what another entity owes you. Account receivable is an asset account and goes under assets on the balance sheet. Both accounts receivable and accounts payable can be listed as either current or non-current, depending on the length of time required to satisfy the debt. For medical billing let us just say that an account receivable would be an account that a patient (or even government entity) may owe you. Account payable is what you owe the another entity.
What is the Difference between brokerage and commission?
difference between broker and commission agent
What is difference between bill receivable and bill payable?
bill receivable is what is owed to a company; bill payable is what is paid
Difference between loan payable and loan receivable?
loans payable apear under liability on the balance sheet.
What is the difference between account receivable and accounts payable confirmation?
account receivable- money coming in for profit account payble-money going out for a expense
What is the difference between Accounts Payable and Accounts Receivable?
Accounts payable are amounts a company owes because it purchased goods or services on credit from a supplier or vendor. Accounts receivable are amounts a company has a right to collect because it sold goods or services on credit to a customer. Accounts payable are liabilities. Accounts receivable are assets.
What is the difference between accounts payable and accounts receivable for medical billing?
Accounts payable and accounts receivable are the same for any business, whether service, merchandising, or even medical billing. An account payable is any account that the company or business owes to another entity. It is a liability account and goes under liabilities until the balance is paid in full. An account receivable is just the opposite. Is the account balance of what another entity owes you. Account receivable is an asset account and goes under assets on the balance sheet. Both accounts receivable and accounts payable can be listed as either current or non-current, depending on the length of time required to satisfy the debt. For medical billing let us just say that an account receivable would be an account that a patient (or even government entity) may owe you. Account payable is what you owe the another entity.
What is the Difference between brokerage and commission?
difference between broker and commission agent
What is a difference between trade receivable and other receivable?
Trade receivables arising in normal course of business but other receivable is not.
Difference between account payable and bills payable?
Accounts Payable releted to Creditors and Bills payable releted to bank.
Difference between pledging and factoring accounts receivable?
pledging is a
What is the difference between Receivable and account Receivable?
Account receivable are usually currant assets that arise from selling merchandise or providing services to customer on credit . Accounts receivable are also known as trade receivable . receivable is the term that refers to both trade receivable and non trade receivable . By Mr safiullah Zarif
Difference between account receivable and note receivable?
Notes receivable come into existence when a promissory note is written in business favor, whereas accounts receivable are the persons to whom business have to receive money for credit sales.
What is the difference between credit sales and accounts payable?
Credit sales referes to sales and accounts payable referes to bank
