Answer:
The type of receivables that result from sales transactions are known as accounts receivable.
Step-by-step explanation:
Accounts receivable result from the credit sales made by a company to its customers. When a company sells its products or services on credit, it generates an account receivable, which represents the amount that the customer owes to the company and will pay in the future. Thus, accounts receivable is an important aspect of a company's assets as it represents the amount of money that it is owed by customers.