Examlex
Match the explanations with the correct abbreviations.
-MOAB
Accounts Receivable
Represents money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Year-End Balance
The financial status of an account at the close of an accounting year, indicating the net value after all transactions.
Inventory Turnover
A measure of how frequently a company sells and replaces its stock of goods during a certain period of time.
Inventory Balance
The quantity of goods or materials on hand at any given time within a business.
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