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Accounts receivables is a liquid asset
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∙ 10y ago
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Is accounts receivable a current or non current assets?
Current assets
Are accounts receivable assets or liabilities?
Asset. It is cash that you are owed. Accounts receivable is considered a short term asset.
Is accounts receivable revenue?
No it's current assets
What is quick assets with meaning definition and example in brief?
Quick assets or liquid assets are those assets that can be converted into cash fairly soon... eg, accounts receivable, marketable securities, current assets excluding inventory, etc.
Is accounts receivable a liability?
included in the cost of a plant assets
Accounts receivable are reported on the balance sheet at?
Accounts receivable shown in balance sheet at assets side under current assets section.
Is accounts receivable a current or non current assets?
Current assets
Are accounts receivable assets or liabilities?
Asset. It is cash that you are owed. Accounts receivable is considered a short term asset.
Is accounts receivable revenue?
No it's current assets
What is quick assets with meaning definition and example in brief?
Quick assets or liquid assets are those assets that can be converted into cash fairly soon... eg, accounts receivable, marketable securities, current assets excluding inventory, etc.
Will the collection of an accounts receivable increase the total assets of a business?
No
Is accounts receivable a liability?
included in the cost of a plant assets
Does accounts receivalbe carry a credit or debit balance?
Accounts receivable is an asset of company and like all other assets accounts accounts receivable also has debit balance.
Are accounts receivable liquid?
Generally yes.
How do you calculate average operating assets?
Average operating assets is the average amount of liquid assets available. This relies very heavily on cash flow which includes accounts payable and accounts receivable. Since these numbers fluctuate, the average is the most meaningful working figure.
Is Accounts Receivable a cash equivalents?
Yes, it absolutely is!! It is one of the most liquid assets, so it's definitely a cash equivalent. Happy accounting!
Receiving payment of a portion of accounts receivable will?
Correct Answer: not affect total assets.
