answersLogoWhite

0

The total amount of money owed by customers to our business is the sum of all outstanding balances that customers have yet to pay.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

What is the total amount of money owed to the business?

The total amount of money owed to the business is the sum of all outstanding debts or invoices that have not been paid by customers or clients.


What does total sales means?

Total sales means the total amount of revenue earned by business by selling goods or providing services to customers in any specific period.


What does total sale mean?

Total sales means the total amount of revenue earned by business by selling goods or providing services to customers in any specific period.


What is The total amount of money a business takes in during a given period by selling goods and services is called?

Revenue


What does the term accountability refers to?

Accounts receivable is an aggregate total amount of money that clients owe to a business entity. This number is used to evaluate the total amount of debt the company currently has.


What are the total expenses incurred by the business in the last quarter?

The total expenses incurred by the business in the last quarter refer to the total amount of money spent on various costs and expenditures during the three-month period.


How can I determine the amount of cash received from customers?

To determine the amount of cash received from customers, you can add up all the cash payments made by customers for goods or services sold. This total amount represents the cash received from customers.


What is the total amount of net buys made by customers in the last quarter?

The total amount of net buys made by customers in the last quarter is the sum of all purchases made by customers after subtracting any returns or refunds.


To what does the term accounts receivable refer?

Accounts receivable is an aggregate total amount of money that clients owe to a business entity. This number is used to evaluate the total amount of debt the company currently has.


Where do you record debtors journal in trial balance?

In a trial balance, debtors (or accounts receivable) are recorded under the assets section. They typically appear as a separate line item, reflecting the total amount owed to the business by customers. This amount is usually listed as a debit balance, as it represents money that is expected to be received in the future.


How can I determine the amount of cash collected from customers?

To determine the amount of cash collected from customers, you can add up all the cash payments received from customers during a specific period of time, such as a day, week, or month. This total amount represents the cash collected from customers.


What explains how revenue is determined?

The total amount of money brought in by sales.