The amount of cash owed to a company by its customers from the sale of goods or services on account is commonly referred to as:
A) Cash.
B) Accounts receivable.
C) Revenue.
D) Accounts payable.
Answer: Accounts receivable.
Accounting MCQ
Accounting
The amount of cash owed to a company by its customers from the sale of goods or services on account is commonly referred to as:
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