Accounts receivable
Accounts receivable - Definition Money which is owed to a company by a customer for products and services provided on credit. This comes under current Asset on a company's Balance Sheet . Generally a sale is considered account receivable only after the customer is sent an invoice
What is Accounts receivable?
Accounts receivable - Definition Money which is owed to a company by a customer for products and services provided on credit. This comes under current Asset on a company’s Balance Sheet . Generally a sale is considered account receivable only after the customer is sent an invoice
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