Debtors and accounts receivable

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Accounts receivable and accounts receivable are financial terms related to a company's creditors, that is, customers or partners to whom the company has provided goods or services but who have not yet paid for them.

Accounts receivable and accounts receivable are financial terms that refer to a company's creditors, which are customers or partners to whom the company has provided goods or services but who have not yet paid for them. They are assets of the company because they represent money that the company expects to receive in the future.

Debtors are companies or individuals who are obligated to pay ghana email list money to the company for goods or services provided to them. Debtors can be individuals or other companies. When a customer or partner buys something on credit or on credit, the company charges the amount of that transaction to debtors.
Accounts receivable are the amount of money that a company owes to its debtors. In other words, they are the accumulated monetary obligations of customers to the company for the goods or services provided to them. Accounts receivable are a current asset because the company expects to receive this money in the near future.
Accounts receivable and debtors are important to a company because they affect its liquidity and financial position. A high amount of accounts receivable may indicate that the company is providing long-term loans to its customers, which may affect the availability of funds for its ongoing operations. Managing accounts receivable, including monitoring payment dates, can help ensure a stable cash flow and the financial stability of the company.