Difference between revisions of "Account receivable"
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− | [[ | + | [[Account receivable]] (alternatively known as [[byby]]; hereinafter, the ''byby'') is an asset that indicates the amount owed by customers. |
==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
− | :[[Accounts receivable]]. | + | :[[Accounts receivable]]. An asset that indicates the amount owed by customers. |
==Related concepts== | ==Related concepts== |
Revision as of 13:49, 17 December 2018
Account receivable (alternatively known as byby; hereinafter, the byby) is an asset that indicates the amount owed by customers.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Accounts receivable. An asset that indicates the amount owed by customers.
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.