Q: An account receivable is:

Answer: A

Explanation:

The correct answer is:

A. an Asset ✅

👉 Explanation:

Accounts Receivable = the amount owed to a business by its customers for goods sold or services rendered on credit.
Since it represents future economic benefit (cash expected to be received), it is recorded as a Current Asset on the Balance Sheet.
It is not Owner’s Equity (which is the owner’s investment) and not a Liability (which is an obligation to pay others).

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