RECEIVABLES

WHAT ARE RECEIVABLES?

Receivables are unpaid customer debt for
products or services delivered. It is a current
asset that affects a business’s liquidity and
working capital management. Receivables are
shown as current asset on the balance sheet, and
the general ledger shows a debit balance.
 Significance of Receivables
Maximize cash inflow.
Maintain a steady supply of
products.
Recognize the expected revenue
period.
What are the different types of
receivables?
Trade Receivables/Accounts
Receivables
Notes Receivables
Other Receivables
 Receivables are
presented as part of
the current assets in
the balance sheet.