Accounts Receivables Forms - What Is Accounts Receivable

What is an Accounts Receivable? Aging Accounts Receivable

"Accounts receivable" is the sum a customer or client owes to a business or professional. It is a debt owed to an enterprise, arising out of the normal course of business dealings. Accounts receivable is a business asset often used in evaluating the worth of a business, such as a valuation conducted by a prospective buyer of a business. The value of the accounts receivable must consider the chances of collection to accurately reflect worth.