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Accounts Receivable (AR) [PDF Inside]: Definition, Example, Turnover Ratio, Advantages, Disadvantages, & Account Payable

February 16, 2022 by Sukanta Maiti
Accounts Receivable

Accounts receivable (AR) is the balance of money due to a firm for goods or services provided, but not yet paid for by consumers. Accounts receivables are recorded on the balance sheet as a current asset.

Categories Industrial engineering, Management Tags account payable, Account receivable, asset management, economics, management, six sigma 2 Comments
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