1 Answer
Accounts receivable, or customer receivables, represent money a company expects from clients after it delivers goods, performs services or does anything else in between that a contract called for. Receivables arise only out of credit transactions because cash-on-delivery deals typically call for immediate remittances or advance payments. If a customer doesn't pay on time, the client's receivable becomes bad debt and ultimately goes into the "accounts to write off" category if corporate credit managers deem the money noncollectable.
Read more: What Is the Meaning of Accounts Receivable? | eHow.com http://www.ehow.com/info_8753395_meaning-accounts-receivable.html#ixzz2S3hwWcG3
11 years ago. Rating: 1 | |
Top contributors in Other - Business & Finance category
Unanswered Questions
a77mobilellc
Answers: 0
Views: 5
Rating: 0
fun88mobiletoday
Answers: 0
Views: 6
Rating: 0
fun88mobiletoday
Answers: 0
Views: 4
Rating: 0
Harmonizing Humanity: How Musix Clan Fosters Connection Through Music
Answers: 0
Views: 12
Rating: 0
GOD55 - Nhà Cái Cá Cược Hàng Đầu Châu Á 2024
Answers: 0
Views: 16
Rating: 0
u8888net
Answers: 0
Views: 16
Rating: 0
Tài xỉu md5
Answers: 0
Views: 13
Rating: 0
Tỷ Lệ Kèo
> More questions...
Answers: 0
Views: 18
Rating: 0