Series 28: Unsecured Receivables

Taken from our Series 28 Online Guide

Unsecured Receivables

Receivables are money that is owed a business by its customers or other debtors. Receivables are considered assets, even if they are not currently due. Accounts receivable is money owed in the form of short term credit that is not secured by a formal agreement, such as a promissory note. Notes receivable is a written prom

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