The amounts owed to a firm by its customers are called
A) factors.
B) revolving credit agreements.
C) dividends.
D) accounts receivable.
E) commercial drafts.

Name: The amounts owed to a firm by its customers are called A) factors. B) revolving credit agreements. C) dividends. D) accounts receivable. E) commercial drafts.
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Question

Quizplus · Accepted Answer

Accounts receivable refer to the amounts owed by customers to a firm for goods or services provided on credit.

The Amounts Owed to a Firm by Its Customers Are