accounts receivable(redirected from book account)
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Accounts ReceivableThe sum of the monies owed to a person or enterprise which was incurred in the course of business transactions and not supported by negotiable paper.
ac·counts re·ceiv·a·ble(AR, A/R) (ă-kownts' rĕ-sē'vă-bĕl)
The aggregate of money owed to the health care practice by all patients and/or insurers.
the bill provided to the client by the veterinarian setting out the sums owing for services rendered.
the provision of accounts for professional services in which all of the medicines, materials and services supplied are itemized. The disadvantage of the procedure is the opportunity that it provides to vexatious clients to argue with the charges. It is standard procedure to provide an itemized account if the client asks for one.
the monies owed to other accounts by the practice and to be paid during the month.
the accounts that owe the practice money and which can be expected to pay during the month.