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What is accounts receivable?
Multiple Choice
Amounts a customer owes our business from a credit sale where the customer promises to pay later.
Amounts a customer has already paid us and the receivable represents discounts we will pay our customers at a later date.
Amounts a customer will pay us at a later date only if we provide a service or product to them.
Amounts we must return to our customer if they pay us within a specified period of time.
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