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What Is An Accounts Receivables?

Answer»

Money owed by a BUSINESS enterprise for merchandise bought on open ACCOUNT. It is also CALLED "A/R" or just "RECEIVABLES". Accounts Receivable are the amounts owed to a COMPANY by its customers and/or employees.

Money owed by a business enterprise for merchandise bought on open account. It is also called "A/R" or just "Receivables". Accounts Receivable are the amounts owed to a company by its customers and/or employees.



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