Just as one company's purchase is another company's sale, the accounts payable of one company will be the accounts receivable of another company. Some accountants refer to this as symmetry.
To illustrate this, let's assume that Max Corporation receives $5,000 of goods it ordered from Super Supply Company on credit. This transaction will result in Max recording a $5,000 accounts payable (and a purchase), and Super Supply recording a $5,000 accounts receivable (and a sale).
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