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
No
included in the cost of a plant assets
Accounts receivable is an asset of company and like all other assets accounts accounts receivable also has debit balance.
No, stockholders' equity plus accounts receivable does not equal liabilities. Stockholders' equity represents the owners' claim on the assets after liabilities are subtracted, while accounts receivable is an asset reflecting money owed to the company. The accounting equation states that assets equal liabilities plus equity (Assets = Liabilities + Equity). Therefore, liabilities are calculated as assets minus equity, not by adding stockholders' equity to accounts receivable.
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.
The elements of working capital include: value of raw materials, work-in-progress, finished goods inventories and accounts receivable less accounts payable. It is by definition the total current assets minus current liabilities.