The amount is $970,000. Amount of money owed to a business for delivered or used but unpaid goods or services is known as accounts receivable . The balance sheet classifies accounts receivable as a current asset. Accounts receivable is the term used to describe any unpaid invoices or cash that customers owe a business.
Term describes accounts that a company is entitled to since it has provided a good or service. Receivables, also known as accounts receivable, are a company's line of credit that often have terms that call for amount to be made within reasonably short period of time.
To learn more about Amount, click here.
https://brainly.com/question/13024617
#SPJ1
