Examlex
Cash received from a customer in advance of work being performed or goods provided is recorded as revenue.
Net Accounts Receivable
The amount of money owed to a company by its customers minus the provision for bad debts.
Principal Value
The original sum of money invested or loaned, before interest or any profit earned.
Note Receivable
An asset on the balance sheet representing money owed to the holder by a debtor, which includes an obligation to pay both the principal and interest.
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