During the month, services performed for customers on account amounted to $7,500 and collections from customers in payment of their
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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Question Posted: January 12, 2012 02:36:05