Question

Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.

Answer 1

Existence and accuracy Confirm accounts receivable ending balances and sales terms, and consignment arrangements.

Money owed receivable talk to the money an agency's clients owe for items or services they've acquired but not yet paid for. as an instance, when customers buy products on credit, the quantity owed gets added to the accounts receivable. it's an obligation created via a commercial enterprise transaction.

Money owed receivable are the price range that customers owe your company for products or services which have been invoiced. the entire cost of all debts receivable is indexed on the balance sheet as contemporary belongings and encompasses invoices that clients owe for gadgets or paintings done for them on credit score.

Debts receivable measure the cash that customers owe to a commercial enterprise for goods or offerings already provided. analyzing an employer's bills receivable will assist traders to gain a better feel of an agency's typical financial balance and liquidity.

Learn more about consignment arrangements here:brainly.com/question/28192653

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