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Accounts receivable

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.

Related Terms: 10 Account, Asset, Balance, Customer, Credit, ECI, Invoice, Owe, Rent, Rally
Other Related Pages: Category: Lending_and_Credit Starting With: A
Semi Related Terms: 452 CLICK HERE TO VIEW
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