Examlex
Which of the following is the final stop in the distribution channel in which organizations sell goods and services to consumers for their personal use?
Accounts Receivable
Accounts receivable is the money that is owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Sales
Transactions or activities related to the selling of goods or services, generating revenue for a business.
Bad Debts
Money owed to a company that is unlikely to be paid by the debtor, considered as a loss to the company.
Uncollectible Accounts
Accounts receivable that have been deemed uncollectable from debtors, similar to bad debts but often considered as a specific stage in the collections process.
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