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Is an account receivable a revenue?
Accounts Receivable is an asset since it is a resource controlled by the entity as a result of past transaction with the future economic benefit to flow to the entity.Sale of goods and services is a revenue and not accounts receivable.
What is the nature of account receivable?
Account receivable is an asset
What are average accounts receivable?
what is average account receivable
Is bills receivable real account?
Bills receivable is a real account. When acceptance is received, Bills receivable account is debited (debit what comes in). When the bill is discounted or returned to acceptor at the time of maturity, Bills receivable account is credited (credit what goes out).
Is bad debts a personal account or nominal account?
Bad debts accounts is a nominal account shown in income statement and use to reduce the accounts receivable amount.
Is an account receivable a revenue?
Accounts Receivable is an asset since it is a resource controlled by the entity as a result of past transaction with the future economic benefit to flow to the entity.Sale of goods and services is a revenue and not accounts receivable.
What is the nature of account receivable?
Account receivable is an asset
Is bank account is real account or personal account?
see first tell me wat is bank overdraft..... its is real or personal... ans.personal...every bank a/c is personal a/c.. and though bank is payable or receivable its is personal a/c only....
What are average accounts receivable?
what is average account receivable
Is bills receivable real account?
Bills receivable is a real account. When acceptance is received, Bills receivable account is debited (debit what comes in). When the bill is discounted or returned to acceptor at the time of maturity, Bills receivable account is credited (credit what goes out).
Is bad debts a personal account or nominal account?
Bad debts accounts is a nominal account shown in income statement and use to reduce the accounts receivable amount.
Question about accounts receivable and inventory?
account receivable and inventory
What is account receivable based on?
Account Receivable financing is base on PDCs, sales invoice, delivery receipts.
What is commonly used to determine if you should give customers account receivable account?
after a sale to an Account Receivable is miscreants is sent to the customer?
What is commonly used to determine if you should give customers an Account receivable Account?
after a sale to an Account Receivable is miscreants is sent to the customer?
What is the difference between Receivable and account Receivable?
Account receivable are usually currant assets that arise from selling merchandise or providing services to customer on credit . Accounts receivable are also known as trade receivable . receivable is the term that refers to both trade receivable and non trade receivable . By Mr safiullah Zarif
What type of account is the rent receivable account?
Revenue account
