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accounts receivable

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What are Accounts Receivable?

By | 2018-08-24T13:47:10+00:00 December 24th, 2018|Categories: Accounting, Finance|Tags: , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  The concept of accounts receivable is an important one for executives, especially those responsible for sales departments.  The reason is simple: customers who do not pay their invoices to the company will eventually lose the opportunity to buy.  [...]