Ratio analysis

General Accounting Principles

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

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

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.

Trial Period Ended