JSFiddle - React, Tailwind, and code Playground

HTML

<h5>Paid</h5>
<div id="paid"></div>
<h5>Unpaid</h5>
<div id="unpaid"></div>

JavaScript

var bills = [
 ["1/1/2013","Bill",0,0,"Fake Management","Management Fee","","$750.00",0,0,"$19,148.85"],
 ["1/1/2013","Bill",0,0,"Fake Edison","Electric PLP","","$1,208.37",0,0,"$20,357.22"],
 ["1/1/2013","Bill",0,0,"Fake Elevator","Monthly Elevator Maintenance January","","$1,055.27",0,0,"$21,412.49"],
 ["1/2/2013","Bill",0,0,"Fake Rug Repair Service","5 Floor, wall to wall carpet","","$375.00",0,0,"$21,787.49"],
];

var payments = [
["1/3/2013","Check EFT",0,0,"Carlos ","Weekly Cleaning","$375.00","",0,0,"$21,124.29"],
["1/4/2013","Check 126",0,0,"Fake Edison","25-2658-0826-0000-8 - Electric PLP","$1,208.37","",0,0,"$19,915.92"],
["1/4/2013","Check 128",0,0,"Fake Rug Repair Service","5 Floor, wall to wall carpet","$375.00","",0,0,"$19,540.92"],
["1/4/2013","Check 129",0,0,"Fake Group Companies","CUC-7001484-02-01 - Insurance First Payment","$260.50","",0,0,"$19,280.42"],
];

var paid = [];
var unpaid = [];
bills.forEach(function(bill) {
    var isPaid = false;
    payments.forEach(function(payment) {
       if (payment[5] === bill[5]) isPaid = true;
    });
    if (isPaid) {
        paid.push(bill);
    } else {
        unpaid.push(bill);
    } 
});

$('#paid').html(JSON.stringify(paid));
$('#unpaid').html(JSON.stringify(unpaid));