accountinglads
5 posts
Jul 25, 2025
4:53 AM
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Undoubtedly Are Accounts Receivable An Asset, accounts receivable is an asset. Again when a company is doing business on credit they record the accounts receivable in the balance sheet. It is a money right of the company as a right to claim payment, and a current asset, as per the assumption, the debt expectancy is met within a year. Most effective AR management will lead to improved cash flow and financial stability. The tracking of the AR also aids in detecting the slow payments or the creditworthiness of the customer.
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Last Edited by accountinglads on Jul 25, 2025 4:30 AM
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