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Accounts receivable

• Short term assets reflecting the amount owed by customers from the sale of product or services on credit

• Money owed to a business for merchandise or services sold on an open account. It is found on the Balance Sheet under Current Assets. It is used in analyzing a company's liquidity.

• Money owed by customers.

 
 Embedded terms in definition
 Assets
Balance sheet
Current assets
Liquidity
Merchandise
Open account
Sale
Short
 
 Related Terms
 Accounts payable
Accounts payable management
Accounts receivable turnover
Aging of accounts receivable
Average age of accounts receivable
Chart of accounts
Factoring accounts receivable
Ira/keogh accounts
Now accounts
Passbook savings accounts
Pledge of accounts receivable
Stretching accounts payable
Wrap or wrap accounts

<< Accounts payable management Accounts receivable turnover >>

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