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What would be the product of the following reaction sequence?
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Bad Debts
Accounts receivable that a company is unable to collect, often written off as an expense because they are considered irrecoverable.
Accounts Receivable
Money owed to a business by its clients for goods or services delivered but not yet paid for.
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