Accounts Receivable

Accounts receivable is simply the total amount of money owed to a company by its debtors. The amount is shown in the financial statement under the particular head.

It is the money due to a business for merchandise or securities that it has sold or for services it has rendered. This is a key determinant in analyzing a company’s liquidity.

Nearby pages
Accoutrement, Accra, Accreditation, Accreting, Accretion, Accretion disk, Accretionary prism