The company's stockholders' equity also increases.
A stakeholder is a party with an interest in a business who has the potential to influence or be affected by that firm. Investors, employees, customers, and suppliers make up the majority of the stakeholders in a typical firm affected by that firm.
The company's resources (assets) grow when it is promised cash. Accounts receivable is the term used to describe this promise of payment majority of the stakeholders . Due to management's provision of services to clients, accounts receivable have been formed.
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