Accounts receivable are classified as current assets assuming that they are due within one calendar year or financial year. To record a journal entry for a sale on account, one must debit a receivable …

Oct 2, 2025 · Accounts receivable (AR) is an accounting term for money owed to a business for goods or services that it has delivered but not been paid for yet. Accounts receivable is listed on the …

The meaning of RECEIVABLE is capable of being received. How to use receivable in a sentence.

Nov 2, 2023 · Accounts receivable is the money that customers owe a business for goods or services that have been delivered but not yet paid for. To keep your business running, you need a steady …

RECEIVABLE definition: still to be received by the person or company to whom money is owed: . Learn more.

Accounts receivable is any amount of money your customers owe you for goods or services they purchased from you in the past. This money is typically collected after a few weeks and is recorded …

Jun 23, 2025 · Accounts receivable refers to money due to a seller from buyers who have not yet paid for their purchases. The amounts owed are stated on invoices.

RECEIVABLE definition: fit for acceptance; acceptable. See examples of receivable used in a sentence.

Jul 14, 2025 · Accounts receivable might sound like complex accounting jargon, but in terms of accounts receivable definition, it means the money a customer owes to the business for the goods or services.

Accounts receivable refers to money that your business is owed in exchange for goods or services you have provided but the customer hasn't paid for yet.