No, capital assets are listed as PP&E (Property, Plant, & Equipment). An account receivable is either a current asset or a long-term asset, not a capital asset.
Current assets
Accounts receivables is a liquid asset
Asset. It is cash that you are owed. Accounts receivable is considered a short term asset.
No it's current assets
No
Accounts receivable shown in balance sheet at assets side under current assets section.
Current assets
Accounts receivables is a liquid asset
Asset. It is cash that you are owed. Accounts receivable is considered a short term asset.
No it's current assets
included in the cost of a plant assets
No
Accounts receivable is an asset of company and like all other assets accounts accounts receivable also has debit balance.
Working capital includes current assets (such as cash, inventory, and accounts receivable) and current liabilities (such as accounts payable and short-term debt). It represents the funds available for a company's day-to-day operations and is crucial for meeting short-term financial obligations. Efficient management of working capital is essential for ensuring the liquidity and operational efficiency of a business.
Correct Answer: not affect total assets.
Receivable Accounts are amounts owed by customers for goods and services a company allowed the customer to purchase on credit. Receivable Accounts are an important factor in a company's working capital.
Accounts receivable are those money which is receivable in future from debtors and it is current assets of business and shown in balance sheet at assets side.