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Accounts Receivable are invoices for work completed and billed out that have not been paid by your customer.
Velda Stanton
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∙ 10y ago1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc. 2. a detailed report of the financial state or transactions of a person or entity: an accounting of the estate.
accounting is the art of recording summarize the data in the shape of money
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