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accounts receivable


Definition
Money which is owed to a company by a customer for products and services provided on credit. This is often 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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9 Signs of Potential Creative Accounting PracticesHere are nine things investors should watch for as possible warnings of accounting gimmickry:
1. Overly Aggressive Performance Targets: The company ups the ante by continually setting revenue an ... Read more


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