Accounts receivable is part of the current assets section of the balance sheet. It represents the total amount due from customers. If the company decides that a specific amount is an uncollectible bad ...

Accounts receivable is defined as an asset that reflects a future payment. In actuality, an accounts receivable is a debt. How your business deals with the debt obligation, and the terms of the debt, ...

Accounts Receivable: is money owed to a business due to goods sold or services rendered to customers for which the customer has yet to pay. Accounts receivable (AR) is a legal claim to payment by a ...

A ledger that keeps a record of the customers that a business has extended credit to and how much they owe. It also includes a compilation of their payment history and credit transactions. The ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Game theory studies the decision-making and possible outcomes in games. For decades, it has ...

Contra accounts adjust asset values, like equipment depreciation reducing fixed assets. Increased allowance for doubtful accounts may signal rising uncollectable receivables. Companies use contra ...

Now, Stuut has raised a $29.5 million Series A, led by Andreessen Horowitz, Fortune has exclusively learned. Activant Capital, Khosla Ventures, 1984 Ventures, Carya Venture Partners, Page One Ventures ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...