Determine the amount of sales on account that occurred in October. The October 31 balance in Accounts.24 senior accounts receivable analyst jobs found in alameda, california ; accounts payable specialist. The concept is simple: accounts payable represents money you owe, while accounts receivable represents money you are owed. But there's more to it than that. To levy a bank account or safe deposit box: a. Fill out and have the court to issue a Writ of Execution (EJ-130) b. Audits sales information and other accounts receivable. Accounts receivable is an ASSET not income. If you have your own business, history of account receivable is acceptable.