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ACCOUNTING RECEIVABLES CONSIDERED DEBIT OR CREDIT?

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تم إضافة السؤال من قبل مستخدم محذوف‎
تاريخ النشر: 2015/08/17
Asad Ahmed
من قبل Asad Ahmed , Manager Finance & Company Secretary , Connect Communications Pvt. Ltd.

AR is considered as Debit, when we make a sales on credit than

 

A/R (Trade Debts)       DR

Sales                                  CR

Md. Mohin Uddin Mohin
من قبل Md. Mohin Uddin Mohin , Company Secretary and AGM - Accounts & Finance , Zaheen Spinning Limited

ACCOUNTING RECEIVABLES CONSIDERED DEBIT

Imdad Hussain Rajput
من قبل Imdad Hussain Rajput , Assistant Sales Manager , Forego

Debit the account receivable ,.,,,,,,,,,,,,,,,,,,

Mark Angelo Damuag
من قبل Mark Angelo Damuag , Financial Analyst , Evacare Management Consultancy Inc

Debit----------------------------------

Huda Adam
من قبل Huda Adam , Faculty of Commerce Graduate , Cairo University

Accounts receivable is a future promise for cash, its considered debit

Rahab kamau
من قبل Rahab kamau , Cheif Accountant , Impact Fitness & Beauty Center (SMC) & Innovative Code Co. (event management)

Account receivable is considered DEBIT and it's part of current assets in the Balance Sheet.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

Sure it has a debit balance

Iftikhar Hussain Shah
من قبل Iftikhar Hussain Shah , Senior Manager Audit & Assurance , Deloitte LLP

Acoounts receivables have a debit balance.

Sayed Rubab Sayed
من قبل Sayed Rubab Sayed , Finance Officer , The Next

My answer is Debit~~~~~~~~~~~~~~~~

 

Moinul Hassan
من قبل Moinul Hassan , Executive- Internal Audit and Control , Evince Group

Accounting Receivables is a current asset.. So if it increases then it will be Debit, and if it decreases then it will be credit. But in general it shows a debit balance in the balance sheet as it is an asset.

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