Accounts receivable represents the dollar value of business that your company has transacted for which it has not yet received payment. It appears on the "assets" side of your balance sheet. A balance ...

Accounts receivable is an account that represents outstanding, invoiced amounts owed a company by its credit customers for services performed or goods sold. While accounts receivable is reflected on ...

HAVE YOU EVER sat in your tax accountant's office for your annual review of your tax return and heard this somewhat common good news/bad news story? He'll say the good news is your sales are up and it ...

Understand the vital role of analyzing accounts receivable in assessing a company's financial health and stability through ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. As the name implies, a balance sheet should reveal ...

Balance sheets consist of assets, liabilities, and shareholders' equity, revealing financial health. Shareholders' equity equals assets minus liabilities and reflects theoretical investor value if a ...

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...