What is the difference between Accounts Receivable and Revenue?

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What is the difference between Accounts Receivable and Revenue?
Accounts Receivable
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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Principles Of Accounting

ISBN: 9780077300456

1st Edition

Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton

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