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| Resources for Entrepreneurs | Entrepreneur's Glossary | ||||
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Accounts Receivable
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Definition of Accounts ReceivableAccounts Receivable refers to what is owed to a business by customers as a result of a sale of goods or services on credit.
Accounts receivables are evidenced by notes, statements, invoices or other written evidence of a present obligation. You can evaluate the strength of a company by looking at how quickly they collect on their receivables. If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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