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Company who sells products to customer without demanding immediate payment but...

This question belongs to Commerce Financial Management
Financial Management
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Company who sells products to customer without demanding immediate payment but record it in balance sheet as

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Correct Answer: Option B
Company who sells products to customer without demanding immediate payment but record it in balance sheet as account receivable. Accounts receivable is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.
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