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

Name: Accounts receivable is categorized as a(n)_________. A)current liability B)immovable asset C)current asset D)depreciated liability
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Accounts receivable is an amount owed to a business by its customers for goods or services provided on credit. As it represents a short-term claim to cash, it is considered a current asset in the balance sheet.

Accounts Receivable Is Categorized as A(n)_________