What is accounts receivable? What is notes receivable and how are they different than accounts receivable

What is accounts receivable? What is notes receivable and how are they different than accounts receivable

What is accounts receivable? What is notes receivable and how are they different than accounts receivable? How do creditors decide to extend credit to their customers? What processes credit managers use to evaluate new customers? Now explain the allowance for doubtful accounts and provide examples. APA format

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AR (accounts receivable) is a key element in the working capital of a company. If the value of accounts receivable is extremely high, the firm might be lax in the collection of amounts of money owed to it, and may struggle in footing the bills. On the other hand, if the amount is very low, the firm might irresponsibly………………….