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Receivable
An amount of money owed to a firm by its customers as a result of the firm extending credit to them.
Receivables
Money owed to a business by its clients or customers for products or services delivered but not yet paid for.
Money Claims
Legal rights or entitlements to a certain amount of money, which can be the result of debts, damages, or other financial obligations owed to a person or entity.
Allowance Method
An accounting technique used to estimate and account for potential uncollectible accounts receivable.
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