What does accounts receivable mean?
Definitions for accounts receivable
ac·counts re·ceiv·able
This dictionary definitions page includes all the possible meanings, example usage and translations of the word accounts receivable.
Princeton's WordNet
accounts receivablenoun
a creditor's accounts of money owed to him; normally arise from the sale of products or services
Wiktionary
accounts receivablenoun
The total monetary amount owed to a financial entity due to debts arising from sales on credit or on account.
Wikipedia
Accounts receivable
Accounts receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
ChatGPT
accounts receivable
Accounts receivable refers to the outstanding invoices a company has or the money the company is owed by its customers. It is recorded as an asset on the company's balance sheet as it represents the amount of money due from customers for goods or services delivered or used but not yet paid for. It is typically one of the most crucial assets of a company because it directly impacts cash flow and the business’s profitability.
Wikidata
Accounts receivable
Accounts receivable is money owed to a business by its clients and shown on its balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of accounts receivable in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of accounts receivable in Pythagorean Numerology is: 7
Translations for accounts receivable
From our Multilingual Translation Dictionary
- الحسابات المستحقة, حساب مدينArabic
- tilgodehavendeDanish
- Accounts erhaltbar, ForderungGerman
- εισπρακτέους λογαριασμούςGreek
- Cuentas por cobrar, deuda activaSpanish
- حساب دریافتنیPersian
- myyntireskontraFinnish
- créance client, comptes débiteursFrench
- követelésHungarian
- piutangIndonesian
- 売掛金Japanese
- vorderingDutch
- należności, należnośćPolish
- cont debitor, cont clienți debitoriRomanian
- дебиторская задолженностьRussian
- fordringarSwedish
- وصولی اکاؤنٹسUrdu
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"accounts receivable." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/accounts+receivable>.
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