Introduction to Account Receivables | Financial Accounting Course | CPA Exam FAR ch 7 p 1
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-03-23

In this video, I explain account receivables. Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivables are listed on the balance sheet as a current asset. AR is any amount of money owed by customers for purchases made on credit.

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