What Is An Accounts Receivables
Receviable means to taking care of all the credit sales collection from the debtors.
a/c receivable means sales made on credit basis .it plays improtant role in company it made the debtors and collect money from them.
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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