Examlex
What technology enabled Check 21? Describe how this technology achieves costs savings.
Accounts Receivable
The balance of money owed to a firm for goods or services delivered or used but not yet paid for by customers.
Credit Sale
A transaction in which goods or services are provided to a customer with an agreement to pay at a later date.
Accounts Receivable
Accounts receivable is the money that is owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Sales
Transactions or activities related to the selling of goods or services, generating revenue for a business.
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