What is Accounts Receivable? A Baseline Accounting Concept

By |2020-04-26T23:11:59-04:00April 26th, 2020|Financial Statements|0 Comments

What is Accounts Receivable? An Interesting Yet Difficult Concept in the World of Accounting and Finance An accounts receivable is a term very commonly used in finance and accounting, that talks about revenue that has not yet been collected, also known as on collecting revenue. Accounts receivable is essentially something like this, I run to Pizza Shoppe, and I wholesale pizzas to foreign clients. I have a client who places an order once a month, that gives me between 30 and [...]