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Cash and accounts receivable (AR) are two important components of a company's financial assets. Cash refers to the physical currency, coins, and funds held in bank accounts that a company can readily access for immediate use. It is crucial for day-to-day operations, paying bills, and meeting financial obligations. On the other hand, accounts receivable represents the money owed to a company by its customers for goods or services provided on credit. AR is an asset that reflects the company's expectation of receiving payment in the future. Managing cash effectively and efficiently, while also monitoring and collecting accounts receivable, are essential for maintaining a healthy cash flow and ensuring the financial stability of a business.