The Convention on the Rights of the Child is the most widely and rapidly ratified human rights treaty in history. Only two countries, Somalia and the United States, have not ratified this celebrated agreement.
Definition of accounts receivable: Money which is owed to a company by a customer for products and services provided on credit. This is often treated as... Definition of accounts receivable: Money which is owed to a company by a customer for products and services provided on credit. This is often treated as a current asset on a balance sheet. A specific sale is generally only treated as an account receivable after the customer is sent an invoice. See also: List of Key Accounting Terms and Definitions at InvestorGuide.com.
The most common transaction for creating receivables is selling fixed assets on credit. buying fixed assets on credit. selling merchandise or services on credit. buying merchandise on credit. The receivable that is usually evidenced by a formal instrument of credit is a(n) intangible receivable. accounts receivable. note receivable. income tax receivable. The direct write-off method is required by GAAP. for federal income tax purposes.