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.
BREAKING DOWN 'Accounts Receivable - AR' On a public company's balance sheet, accounts receivable is often recorded as an asset, because there is a legal obligation for the customer to remit cash for the debt. If a company has receivables, this means it has made a sale but has yet to collect the money from the purchaser.