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Grainger Distribution Company sold Long Electronics ten circuit breakers for $179.00 each. Long Electronics will be allowed thirty days to pay the bill. Grainger will carry the $1790.00 on its books as a(n):

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In its accounting statement, Grainger will carry the $1,790.00 on its books as an accounts receivable.

What is an accounts receivable?

This refers to the payment that the company will receive from its customers who have purchased its product.on credit.

Therefore, the amount of $1,790.00 on its books will be recorded as an accounts receivable.

Read more about accounts receivable

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