What is Accounts Receivable and its significance?

What is Accounts Receivable and its significance? 

Accounts Receivable, commonly referred to as AR, is a well-recognized phrase within the realms of finance and business management. It’s a financial metric that holds more significance than meets the eye. A thorough understanding of the nature and significance of accounts receivable is crucial for anyone responsible for overseeing the financial operations of an enterprise. […]

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