Ask the Accountant!
Q. What is accounts receivable?
A. The balance (amount) of money due to a business for goods or services provided or used, but not yet paid for by customers; is known as Accounts Receivable.
Q. What is accounts receivable?
A. The balance (amount) of money due to a business for goods or services provided or used, but not yet paid for by customers; is known as Accounts Receivable.