accounts receivable

Definition
Money which is owed to a company by a customer for products and services provided on credit. This is treated as a current asset on a balance sheet. A specific sale is generally only treated as an account receivable after the customer is sent an invoice.




accounts receivable is ...
... part of the
Accounting, Lending & Credit and Investor Relations subjects.


Related Terms

days receivable -  More
accounts payable -  More
accounts receivable aging -
accounts receivable turnover, factoring, accounts receivable financing, adjusting entry, aging schedule, allowance for doubtful accounts, asset-backed security, asset financing, average collection period, bad debt  and  


accounts receivable appears in the definitions of these other terms on BusinessDictionary.com

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