close
    accounts receivable

    what is accounts receivable meaning?

    0  Views: 455 Answers: 1 Posted: 7 years ago

    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



    Top contributors in Other - Business & Finance category

     
    ROMOS
    Answers: 101 / Questions: 0
    Karma: 5025
     
    country bumpkin
    Answers: 62 / Questions: 1
    Karma: 3795
     
    Colleen
    Answers: 190 / Questions: 0
    Karma: 3405
     
    Benthere
    Answers: 4 / Questions: 0
    Karma: 3300
    > Top contributors chart

    Unanswered Questions

    446266
    questions
    716669
    answers
    664326
    users