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What are receivables?

What are receivables? Here are some definitions.

Noun
  1. plural of receivable
  2. All the debts etc. owed to a company by its debtors or customers.
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Examples
As a commercial credit auditor, her job was to detect fraud in receivables accounting.
The secretarial, payroll, payables and receivables employees are typically nonexempt.
He booked big receivables from customers who, strangely, didn't book matching payables.
These include housing loans, vehicle loans, credit card receivables, trade receivables and other assets.
How many accounting staff will we need to process accounts payable, payroll, contributions, receivables, and the general ledger?
Fortunately, you can collect delinquent receivables and keep your valued clients.

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