Receivables that are supported only by oral or informal promise to pay

Question

BrainlyModIsBusy · Answer

Receivables supported only by oral/informal promiseOpen Account ReceivablesThese are receivables that do not have written agreements, but rely on trust and past dealings, usually common in informal or regular transactions.

Answered by BrainlyModIsBusy | 2025-05-31

Receivables that are supported only by oral or informal promise to pay

Answer (1)

Related Questions in Economics

[Sagot para sa’yo] Sources of Information to Find Work​

[Sagot para sa’yo] Give an example of a cultural symbol that represent Filipino identity. Explain why you consider it as a cultural symbo​

[Sagot para sa’yo] why is it essential to recognize and analyze cost within a business?

[Sagot para sa’yo] Sources of Information to Find Work

[Sagot para sa’yo] Give an example of a cultural symbol that represent Filipino identity. Explain why you consider it as a cultural symbo