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AR is considered as Debit, when we make a sales on credit than
A/R (Trade Debts) DR
Sales CR
ACCOUNTING RECEIVABLES CONSIDERED DEBIT
Debit the account receivable ,.,,,,,,,,,,,,,,,,,,
Debit----------------------------------
Accounts receivable is a future promise for cash, its considered debit
Account receivable is considered DEBIT and it's part of current assets in the Balance Sheet.
My answer is Debit~~~~~~~~~~~~~~~~
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.