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Accounts Receivable

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Sayed Arif
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Accounts Receivable - December 9th, 2013

what is Accounts Receivable ?discuss Accounts Receivable in detail?
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Re: Accounts Receivable - December 9th, 2013

Generally, each organization provides credit facility to its customers. In such cases, the money owed to the business by its customers (individual or corporation) on account of products/services that have been delivered or used is referred to as accounts receivable.
Accounts Receivable is treated as an asset by the business and can be found under the %u201CCurrent Assets%u201D of the Assets section of a balance sheet.
The customers which owe the business are commonly referred to as %u201CSundry Debtors%u201D.
Technically, an entry which entails credit has both receivables as well as payables. For the organization lending credit, it is accounts receivable while for the organization which owes money, it is an accounts payable.
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Re: Accounts Receivable - April 20th, 2016

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Originally Posted by sayed123 View Post
what is Accounts Receivable ?discuss Accounts Receivable in detail?
Hey mate,

Here I am up-loading Introduction to Accounts Receivable, please check attachment below.
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