Final answer:
The account title which signifies the expectation to receive cash from customers in the future is 'Accounts Receivable'. This is an asset on the balance sheet and represented in T-accounts by debits for amounts owed and credits for payments received.
Step-by-step explanation:
The account title that represents an expectation to collect cash from customers in the future is called 'Accounts Receivable'. In accounting, an Accounts Receivable is an asset account on the balance sheet that represents money owed to a company by its customers for goods or services that have been delivered or used, but not yet paid for. This expectation of payment is typically within a short period, such as 30, 60, or 90 days, depending on the credit terms of the business. Moreover, the T-account is a visual representation that can help in understanding how transactions affect this account, where it is placed on the left (debit) side when the company expects to receive money, and on the right (credit) side when the payment is received or when adjusting entries are made.