Accounts Receivable is ______.
a. the amount the company expects to pay for previous credit sales
b. the amount the company expects to collect for previous credit
c. sales reported on the income statement always less than the company's cash
d. reported in the liabilities section of the balance sheet

Respuesta :

javh10

Answer:

The right answer is, B. The amount the company expects to collect for previous credit

Explanation:

Accounts receivable are the most liquid asset after cash within a company, these accounts represent the provision of a good or service previously by the company, which is recovered in money created the right to demand third parties payment of the same in established times between both parts.

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