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Monies owed to a company on credit by other parties for services already performed or materials rendered. Accounts Receivable are often abbreviated A/R. Account Receivables are treated as a Current Asset on a company’s balance sheet as they are expected to be collected in a short period of time. 

Vice President at Axcess Surety
Vice President of Axcess Surety. Surety Bond and financial expert dedicated to helping businesses and individuals understand and obtain surety credit.
Josh Carson
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