Report post

What is accounts receivable on the balance sheet?

Here’s what accounts receivable is, where it shows up on the balance sheet, and how to manage it: If you sell a good or product and invoice the customer, you’ll have accounts receivable. Accounts receivable appears as a current asset on the balance sheet. Here are some examples of current assets:

Is accounts receivable a current asset?

Accounts receivable is listed on the balance sheet as a current asset. Any amount of money owed by customers for purchases made on credit is AR. Accounts receivable (AR) is an asset account on the balance sheet that represents money due to a company in the short term.

What is accounts receivable (AR)?

Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivable is listed on the balance sheet as a current asset. Any amount of money owed by customers for purchases made on credit is AR.

The World's Leading Crypto Trading Platform

Get my welcome gifts