account receivable

English - Turkish

Definition of account receivable in English Turkish dictionary: (Ticaret) alacak
receivable account: (Ticaret) borçlular hesabı
account receivables: hesap alacaklar

English - English

Definition of account receivable in English English dictionary: Amount recorded as being owed by a customer for sales on credit or on account; = An amount owed by a debtor It is usually money or other value claimed for sale of goods or services; An amount claimed against a debtor, usually money rights arising from the sale of goods or services; a claim against a debtor, generally on open account, its application usually limited to uncollected amounts of completed sale of goods and services; distinguished from deposits, accruals, and other items not arising out of everyday transactions; an asset created by selling products or services on credit (p 41); A specified dollar amount due to you by another (typically customers), usually shown on a balance sheet as due within one year; Debtor Basic debit; A balance due from a customer; Claim against a DEBTOR for an uncollected amount, generally from a completed transaction of sales or services rendered; A current asset representing money due for services performed or merchandise sold on credit; A debt owed to an enterprise, arising out of the normal course of business dealings; Any amount owed to a business as the result of a purchase of goods or services from it on a credit basis. Although the firm making the sale receives no written promise of payment, it enters the amount due as a current asset in its books. Accounts receivable constitute a major portion of the assets of many companies, and they may even be sold or pledged as collateral to obtain loans. See also account payable; factoring; An amount owing as a result of the sale of a product or service; is a current asset representing money due for services performed or merchandise sold on credit; A claim against a debtor, generally on open account, usually limited to uncollected amounts on a completed sale of goods and/or services; asset created by selling products or services on credit (p 39); The amount due from customers but not yet collected When goods due are shipped prior to collection, a receivable is recorded In a cable company, the amount of the total subscription bills went out, but not paid by the customers, is one of Account Receivables