Accounts Receivable

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Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered.

Course Features

  • Lectures 17
  • Quizzes 1
  • Skill level All levels
  • Language English
  • Students 331
  • Certificate Yes
  • Assessments Self