account receivable revenue accounts payable expenses the amount of gross sales from goods and services. the…

account receivable revenue accounts payable expenses the amount of gross sales from goods and services. the costs a business has to maintain operations and sell goods and services. the amount of money a business owes to vendors. the amount of money customers owe to a business for goods and services sold.

account receivable revenue accounts payable expenses the amount of gross sales from goods and services. the costs a business has to maintain operations and sell goods and services. the amount of money a business owes to vendors. the amount of money customers owe to a business for goods and services sold.

Answer

Brief Explanations:

Account Receivable is the money customers owe for goods/services sold. Revenue is the amount of gross sales. Accounts Payable is the money a business owes to vendors. Expenses are the costs to maintain operations and sell goods/services.

Answer:

Account Receivable - The amount of money customers owe to a business for goods and services sold. Revenue - The amount of gross sales from goods and services. Accounts Payable - The amount of money a business owes to vendors. Expenses - The costs a business has to maintain operations and sell goods and services.