Accounts Receivable
This Issue in United States
Definition of Accounts Receivable
This is the meaning of Accounts Receivable published by Marco Terry: Money that is owed to you by your customers, usually by issuing an invoice that is due to be paid within a certain period of time. A/R appears in the balance sheet as an asset since it’s considered to be near cash (i.e. due in 90 days or less).
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