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2 34 56 7 8 9 10 11 12 13 14 15 Accounts receivable refers to which one of the following? The amount billed for services rendered. The amount due to the organization from patients, third parties, and others. The amount owed to others for services, including suppliers and creditors The amount of actual revenue collected for services rendered.

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The Correct answer choice is The amount due to the organization from patients, third parties, and others The Accounts Receivable refers to the amount due to the organization from patients, third parties, and others. The term Accounts Receivable means the amount due to the business organisation from the customers or the third parties for the goods purchased or for the services rendered on credit The Accounts Receivables are classified as Current Assets under the Assets Side of the Balance Sheet.

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