Why Accounts Receivable is Essential for Business Finance
Jul 24, 2024 ·
5m 9s
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Description
Accounts receivable (AR) is money owed by customers for goods or services delivered but not yet paid for. As a crucial asset, AR represents future cash inflows and enhances liquidity....
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Accounts receivable (AR) is money owed by customers for goods or services delivered but not yet paid for. As a crucial asset, AR represents future cash inflows and enhances liquidity. Its role on the balance sheet underscores its importance in short-term financial management.
Read more - https://statefinancial.com/is-account-receivable-an-asset-unveiling-the-financial-powerhouse/
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Read more - https://statefinancial.com/is-account-receivable-an-asset-unveiling-the-financial-powerhouse/
Information
| Author | Carolina Bennett |
| Organization | Carolina Bennett |
| Website | - |
| Tags |
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