Accounts receivable - Definition

Money which is owed to a company by a customer for products and services provided on credit. This comes under current Asset on a company's Balance Sheet. Generally a sale is considered account receivable only after the customer is sent an invoice.

Terms near "Accounts receivable"

Accounts receivable aging
Accounts receivable financing
Accounts receivable turnover
Accredited investor
Accredited Personal Financial Planning Specialist
Accreted value
Accrual basis accounting
Accrual bond
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