Accounts receivables consist of the short-term obligations owed to the company by its clients. Companies often sell products or services to customers on credit; these obligations are held in the current assets account until they are paid off by the clients. 
bag
mbi_public
created
Fri, 04 Feb 2011 19:52:44 GMT
creator
dirkjan
modified
Fri, 04 Feb 2011 19:52:44 GMT
modifier
dirkjan
tags
Balance Sheet
Term
creator
dirkjan