accounts receivable

Dictionary of Accounting Terms for: accounts receivable
accounts receivable

amounts due the company on account from customers who have bought merchandise or received services. Accounts receivable are presented as a current asset in the balance sheet.

Dictionary of Business Terms for: accounts receivable
accounts receivable

list of money owed on current accounts to a creditor, which is kept in the normal course of the creditor’s business and represents unsettled claims and transactions. Accounts receivable normally arise from the sale of a company’s products or services to its customers.

Dictionary of Finance and Investment Terms for: accounts receivable
accounts receivable

money owed to a business for merchandise or services sold on open account, a key factor in analyzing a company’s liquidity-its ability to meet current obligations without additional revenues.

Dictionary of Marketing Terms for: accounts receivable
accounts receivable

In general: unpaid balance on a credit sale. Unpaid accounts receivable are a bad debt expense.
Advertising: amount due the agency on client billings.
Magazines: amount due the publisher on unpaid credit order subscriptions.

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