_____ is money that is owed to your business by your customers.
A)Inventory
B)Accounts receivable
C)Factor receivables
D)Accounts payable

Question

Quizplus · Accepted Answer

Accounts receivable is the correct answer as it refers to money owed by customers to the business. Inventory is the goods or products that a business stocks to sell. Factoring receivables is a process where a business sells its accounts receivable to a third party for a discounted price to receive payment immediately. Accounts payable, on the other hand, refers to money that a business owes to its suppliers or vendors.

_____ Is Money That Is Owed to Your Business by Your