account receivable


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Related to account receivable: account payable

account receivable

n
(Accounting & Book-keeping) accounting US a current asset account showing amounts payable to a firm by customers who have made purchases of goods and services on credit

account′ receiv′able



n., pl. accounts receivable.
a claim against a debtor, usu. for the sale of goods or services.
[1935–40]
Translations

account receivable

n (Am) → conto da esigere
References in periodicals archive ?
An account receivable is a contractual right to receive money; thus, it is property.
38676 explains that any difference between the arm's-length charge and the amount actually transferred is to be established as an account receivable from the parent, pursuant to the general principles of Rev.
If a taxpayer sells goods or provides services on credit and the account receivable subsequently becomes worthless, a business bad debt deduction is permitted only if income arising from the creation of the account receivable was previously included in income.
65-17 permits establishment of an interest-bearing account receivable by USPAR from FOSUB, as of the end of the transaction year, up to the amount of the allocation (together with accrued interest).
The company provides business-to-business trade receivables management solutions, including private label credit programs, account receivable financing and inventory financing for national and regional clients.
For any tax year, the uncollectible amount of a receivable is the amount that bears the same ratio to the account receivable outstanding at the close of the tax year as (1) the total bad debts with respect to accounts receivable sustained during the period consisting of the tax year and the five preceding tax years, adjusted for recoveries of bad debts during such period and (2) the sum of the accounts receivable earned throughout the entire six-year period.