QUESTION IMAGE
Question
accounts receivable is:
select one:
a. money owed to suppliers
b. money owed by customers
c. a loan
d. inventory
Brief Explanations
Accounts receivable refers to the amount of money that customers owe a business for goods or services provided on credit. Option a describes accounts payable, option c is a separate liability/asset, and option d is physical goods held for sale—none match the definition of accounts receivable.
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b. Money owed by customers