Accounts receivable is defined as an asset that reflects a future payment. In actuality, an accounts receivable is a debt. How your business deals with the debt obligation, and the terms of the debt, ...
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Accounts receivable represents money customers owe your small business for purchases they made on credit. Some lenders allow you to pledge a portion of your accounts receivable as collateral to help ...
Reviewed by JeFreda R. Brown Fact checked by Vikki Velasquez Key Takeaways Accounts receivable are future cash inflows but ...