Accounts Receivable (A/R) | Formula + Calculator - Wall Street Prep
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WEBMar 29, 2024 · What is the Definition of Accounts Receivable? Under accrual accounting, the accounts receivable line item, often abbreviated as “A/R”, refers to payments not yet received by customers that paid using credit rather than cash. Conceptually, accounts receivable represents a company’s total outstanding (unpaid) customer invoices.
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