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Receivables may refer to a company's claims to the future collection of cash, other assets, or services. These are frequently classified as:
- Accounts receivable, receivables resulting from the sale of goods or services on account.
- Notes receivable, represents claims for which formal instruments of credit are issued as evidence of debt, such as a promissory note. The credit instrument normally requires the debtor to pay interest and extends for time periods of 60-90 days or longer
Receivables may also refer to:
- Receivables turnover ratio, one of the accounting activity ratios, a financial ratio
Video Receivables
References
Source of the article : Wikipedia
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