The accounts in which the credit sale of merchandise or services are placed is known as ........

General Accounting Principles Ratio analysis

797 views

Add to Study Deck Download Solution PDF

The accounts in which the credit sale of merchandise or services are placed is known as

Notes Receivable

Accounts Receivable

Amount Receivable

Discount Receivable

छोटे Courses बड़े Results

Master Ratio analysis

Prepare through Micro-courses

Try Now

Explanation:

Accounts receivable are legally enforceable claims for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for.
So The accounts in which the credit sale of merchandise or services are placed is known as Accounts Receivable.

Report error

Submit Error