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What is accounts receivable?

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Question added by Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products
Date Posted: 2017/09/04
Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Accounts receivable is the money that a company has a right to receive because it had provided customers with goods and /or services. -It refers to the outstanding invoices a company has or the company is owed from its

Mohammed El Tahir Mohammed Yousif
by Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products

Accounts receivables represent the amounts to be collected from the customers who purchased the company's products or service on credit.

 

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