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A trade receivable is an example of which of the following? a) an asset, b) a liability c) income?

Accounting Financial Accounting
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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/02/13
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Fawzy Ahmed Salim El-Shabiby
by Fawzy Ahmed Salim El-Shabiby , Accountant , Servtel Information, Security, and Telecommunication Network Limited

Ans: a) trade receivable is an asset

 

Mahmoud Hamid
by Mahmoud Hamid , Finance Manager , Experts

A trade receivable  is a current asset

Deleted user
by Deleted user

obviously  its an current asset....

Umair Khalid
by Umair Khalid , Accountant , M I H BUILDING MATERIAL GROUP

A treade receivable is an example of AN Asset

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