Difference between revisions of "Receivables"
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| − | An asset designation applicable to all debts, unsettled transactions or other monetary obligations owed to a company by its debtors or customers. Receivables are recorded by a company's accountants and reported on the [[Balance_Sheet|balance sheet]], and they include all debts owed to the company, even if the debts are not currently due. | + | An [[asset]] designation applicable to all debts, unsettled transactions or other monetary obligations owed to a company by its debtors or customers. Receivables are recorded by a company's accountants and reported on the [[Balance_Sheet|balance sheet]], and they include all debts owed to the company, even if the debts are not currently due. |
Revision as of 17:56, 6 February 2021
An asset designation applicable to all debts, unsettled transactions or other monetary obligations owed to a company by its debtors or customers. Receivables are recorded by a company's accountants and reported on the balance sheet, and they include all debts owed to the company, even if the debts are not currently due.