what do you mean by Account receivables
Answers were Sorted based on User's Feedback
Answer / chaitanaya
Account Receivables states the amount which due to the company and yet to be received for the current financial year.This will be accounted into balance sheet and it will be shown on assets side.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / basavaraj
it is one of the series of accounting mainly deals with
billing which owe money to the cutomer or company,
organisation for goods and services that have been provided
to the customer
it is also treated as current assets for for the company
and recorded in asset side of the B\S under the head of
curret assets
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / sanjay
when sell some good, at the time we receive some cheque
against the sell item this cheque is called account
receivable.
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / saleem akhtar
Receivable is the unpaid amount of company which have to take from the purchaser in a certain period of time. it to be enter in the Assets factor in the balance sheet.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / bantu singh
Credit sales which is recoverable in future is called
account receivables
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / simran
Account receivable simply means bill receivable
When a company purchase good or services from another company
then the seller ask the purchaser to accept the bill.
and the bill accepted by purchaser is known as bill
receivable.
| Is This Answer Correct ? | 1 Yes | 5 No |
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