Trade receivablesA) do not result from the operations of the business.B) are employee advance transactions.C) are loans to company officers.D) are the result of sales transactions.

Question

Lauren Mullins · Accepted Answer

Final Answer : D, Explanation :  Trade receivables are amounts owed to a business by its customers following the sale of goods or services on credit.

Trade receivables

A) do not result from the operations of the business.
B) are employee advance transactions.
C) are loans to company officers.
D) are the result of sales transactions.

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Learning Objectives

Learning Objectives

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