• Short term assets reflecting the amount owed by customers from the sale of product or services on credit
• Money owed to a business for merchandise or services sold on an open account. It is found on the Balance Sheet under Current Assets. It is used in analyzing a company's liquidity.
• Money owed by customers.
What Happens If a Bank Fails?: How the FDIC protects depositors, including providing quick access to insured funds. More...
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