An account receivable is typically classified as a revenue.

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Kayla Rutledge · Accepted Answer

Final Answer : False, Explanation :  An account receivable is not classified as revenue. It is a current asset on the balance sheet and represents the amount of money owed to a company by its customers for goods or services that have been delivered but not yet paid for. Revenue is recognized when goods or services are actually delivered or performed, not when payment is received.

An account receivable is typically classified as a revenue.

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