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laila [671]
3 years ago
14

If a customer doesn't pay at the time of sale, it means that....

Advanced Placement (AP)
1 answer:
kiruha [24]3 years ago
5 0

Answer: C. An accounts receivable is always created.

<span>The basic idea behind Accounts Receivable is based on its name. Accounts Receivable is the money you have earned, but which has not yet been received ( it's not "cash in hand" yet). It means you have already provided a service or delivered a product to the customer  (cash outflow), but have not yet received your payment (cash inflow).</span><span> If a customer doesn't pay at the time of sale, it means that an accounts receivable should be created.</span>

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