What are notes or account receivable from sales transaction often called?

 

What are notes or accounts receivable from sales transaction often called

Sales transactions

Notes or accounts receivable from sales transactions are often referred to as "trade receivables" or simply "receivables." These terms are used to describe the amounts owed to a company by its customers or clients for goods sold or services rendered on credit. Trade receivables represent the outstanding balances due to the company and are considered assets on its balance sheet.