sir I am totally confused about this words since my native language is not English so I would like to know that what is owed to and owed by mean is it,
Owed to= receivables and
Owed by= payables
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owed to and owed by
12y ago#1If it is owed to the company in question, then it is a receivable of that company.
If it is owed by the company in question, then it is a payable of that company.
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