Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 22 - No. 40)
What does 'Accounts Receivable' represent on a company's balance sheet?
Amounts the company owes to others.
Amounts others owe to the company.
Cash on hand.
Inventory on hand.
Explanation
Accounts Receivable represents money owed to the company by its customers.
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