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Glossary > Accounting > accounts receivable

Nearby Terms

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accounting technician

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accounting system

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Accounting Standards Committee

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Accounting Standards Board

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accounting standard

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accounts receivable

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accounts receivable turnover

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accrual basis accounting

accounts receivable

definition

Monies due to a company for the sale of goods or services. Accounts receivable is a component of current assets. Compare to Accounts Payable.

Related Terms

• asset-backed security • accounts receivable turnover • monetary assets • asset • total current assets • AR • current assets • collection ratio

Popular Accounting Terms

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cash flow statement

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accounts payable

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price to earnings ratio (P/E)

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diluted earnings per share

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income statement

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trailing 12 months (TTM)

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quarterly earnings growth

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