Amount collectible from customer to whom sales have been made is called Accounts Receivable
Accounts receivable are the monies owed to you by customers as a result of the sale of goods or services. Accounts receivable, sometimes known as trade receivables or just receivables, are current assets.
The amount of money owing to a company for goods or services delivered or utilized but not yet paid for by consumers is known as accounts receivable (AR).
Accounts receivables are a current asset on the balance sheet. Any sum owing by clients for purchases bought on credit is referred to as AR.
Amount collectible from customer to whom sales have been made is called Accounts Receivable.
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