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Credit Sales
Sales made by a company where the payment is delayed as agreed by both the seller and the buyer.
Cash Sales
Transactions where payment is received by the seller at the same time the buyer receives the goods or services.
Accounts Receivable
Money owed to a company by its customers for products or services that have been delivered but not yet paid for.
Credit Sales
Transactions where goods or services are sold by a business but payment is received at a later date.
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