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Accounts Receivable is the amount that customers owe you for goods or services that they purchased on credit. In today’s video you’ll learn everything about Accounts Receivable and how to keep it low.
Debits & Credits video: https://youtu.be/TciqO3pOqiw
0:00 Intro
0:14 What is Accounts Receivable?
1:13 Where does Accounts Receivable shows in your Financial Statements?
1:44 What are the Journal Entries to Record Accounts Receivable?
3:03 AR Aging Report
3:36 Common Formulas for AR
7:56 How to Keep your AR low - Friendly Ways
9:50 How to Keep your AR low - Not Friendly Ways
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