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Accounts Receivable
Money owed to a business by its clients or customers for goods or services that have been delivered but not yet paid for.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of a company's receivables that might not be collected, reducing the total value of accounts receivable by a corresponding amount.
Credit Sales
Sales made on credit, meaning payment is to be received after the delivery of goods or services.
Credit Card Discount
Fee charged by the credit card company for its services.
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