accounts receivable
Definition
Money which is owed to a company by a customer for products and services provided on credit. This is treated as a current asset on a balance sheet. A specific sale is generally only treated as an account receivable after the customer is sent an invoice.
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Related Terms
days receivable, accounts payable, accounts receivable aging, accounts receivable turnover, factoring
'accounts receivable
' appears in the definitions of these terms on BusinessDictionary.com average net receivables, net accounts receivable, net realizable value of accounts receivable, accounts receivable (A/R), cash flows from operating activities, and
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