Accounts receivable is part of the current assets section of the balance sheet. It represents the total amount due from customers. If the company decides that a specific amount is an uncollectible bad ...

Understand the vital role of analyzing accounts receivable in assessing a company's financial health and stability through ...

As a business owner, you know that accounts receivable (AR) is money owed to a business by its customers. When you extend credit to a customer for the purchase of goods or services, the balance owed ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Companies often offer customers the flexibility of paying for goods or services long after they are purchased to nurture long-term loyalty. The sum of money owed is known as accounts receivable (AR).