Class - Class 1 Accounts Receivable is consider to be an...

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Class, 1. Accounts Receivable is consider to be an asset in a company. Accounts receivable is invoices that have not yet been paid by customers. Most companies give a certain credit amount to some customers. Business might only do these for only loyal customers and big customers that they don't want to loose having business with. For example, if the company has receivables-it simply means they made a sale but have not collected the money from the customer and they will make "unpaid invoices" , which are account receivable invoices. I believe it can be good and bad. Good
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