Define Accounts receivables
Explain in your terms what are Accounts receivables?
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Amounts owed by a business enterprise for merchandise bought on open account. We can also called "A/R" or just "Receivables". Amounts owed to a company by its customers and/or employees is known as Accounts Receivable.
Explain the issues related with Accounts receivable?
In your terms Reconciliation is defined as?
Which kind of assets should be capitalized and when expense out?
What are the materials /components are used by Accounts receivable departments?
Define what is factoring in your terms?
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Explain the process of journal entry recorded?
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