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in this video we're going to talk about accounts receivable so accounts receivable is essentially money that you are owed money that you money you are due for goods or services goods / services you provided on credit you provided on credit so if you run a little candy store you probably don't think a lot about accounts receivable because people come in and they pay cash for the candy they buy but what if you're going for something larger let's say for example that you come up with a new toy for Christmas season a new toy and you sell it to Target so Target stores they love your toy they decide that they're going to buy you you sell them ten thousand units you sell ten thousand units of this toy to Target and you sell it for $2 each now what's going to happen here well Target is not going to have an employee run over to your house and hand you twenty thousand dollars right what's going to happen is you're going to ship the units you're going to ship these units to Target and then you'r...
