Business, 17.02.2020 03:32, Supermate11

2. Why are accounts receivable considered assets even if the money has not yet been paid to the business?
O Accounts receivable is a synonym for "asset."
O Businesses can count potential income as assets.
Any transaction is an asset once it is complete.
The payee has a legal obligation to submit the funds.

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2. Why are accounts receivable considered assets even if the money has not yet been paid to the busi...