Llamas live wild in South America, mainly in Peru, Chile, Argentina, and Bolivia. However, they have been domesticated and there are farms all over the United States and Canad â¦ a that raise llamas.
Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame.
Accounts Receivable â Explanation and Journal Entries. Accounts Receivable are the amount of money owed by the customers for goods or services purchased by them on credit. A receivable account can be created by someone who sells goods or services and extends a line of credit to its customers.