Accounts receivable is categorized as a(n) _____.
A) current liability
B) immovable asset
C) current asset
D) depreciated asset

Name: Accounts receivable is categorized as a(n) _____. A) current liability B) immovable asset C) current asset D) depreciated asset
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Question

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Accounts receivable is money that a company is owed for goods or services that have been already provided, and therefore, it is considered a current asset.

Accounts Receivable Is Categorized as A(n) _____