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What does it mean to borrow cash on hand from other receivables?
This term refers to enterprises or units lending cash on hand to employees or other units and converting cash into accounts receivable.

Borrowing cash from other receivables is an accounting entry used to record and track employee loans, customer prepayments or deposits paid to other companies. Through this way, enterprises or units can standardize internal borrowing and fund management to ensure timely recovery or disposal of related funds.