What is Accounts receivables?

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Shankar V

  • Sep 24th, 2007
 

Money Owed by Customers

ch.v.rama krishna rao, chirala

  • Nov 8th, 2007
 

Receivables means those who owes money to the organisation

Money owed by a business enterprise for merchandise bought on open account. It is also called "A/R" or just "Receivables". Accounts Receivable are the amounts owed to a company by its customers and/or employees.

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