Accounts Receivables - What is Accounts receivables?

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Accounts Receivables | Question 12 of 46

What is Accounts receivables?

Total Answers and Comments: 5

Last Update: May 07, 2009 Asked by: norman

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Best Rated Answer

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Submitted by: Shankar V

Money Owed by Customers

Above answer was rated as good by the following members:
akash.agarwal

September 24, 2007 09:22:25

Shankar V

RE: What is Accounts receivables?

Money Owed by Customers

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November 08, 2007 00:28:10

ch.v.rama krishna rao, chirala

RE: What is Accounts receivables?

Receivables means those who owes money to the organisation

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November 13, 2008 01:23:19

Praseedha.vs

Member Since: November 2008 Contribution: 5

RE: What is Accounts receivables?

Money owed by a business enterprise for merchandise bought on open account. It is also called "A/R" or just "Receivables". Accounts Receivable are the amounts owed to a company by its customers and/or employees.

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December 10, 2008 04:04:01

Dhanasekaran R K

Member Since: December 2008 Contribution: 1

RE: What is Accounts receivables?

Receivables means those who owes money to the organisation

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May 06, 2009 18:18:28

anilkumar1425

Member Since: May 2009 Contribution: 2

RE: What is Accounts receivables?

Accounts receivable is the last stage of the customer order cycle. It involves: Invoicing the customer Performing collection activities Receiving payments against customer invoices.

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