JAWAHARLAL NEHRU TECHNOLOGICAL UNIVERSITY

KAKINADA

SCHOOL OF MANAGEMENT STUDIES

FINANCIAL MANAGEMENT
ACCOUNTS RECEIVABLES
Presented by
V VINAY CHANDRA
19021E0065
 DEFINITION
• Accounts receivable is any money your customers owe you for
goods or services they purchased from you in the past. This money
is typically collected after a few weeks, and is recorded as an asset
on your company’s balance sheet. You use accounts receivable as
part of accrual basis accounting.
• You can find accounts receivable under the ‘current assets’ section
on your balance sheet or chart of accounts. Accounts receivable are
classified as an asset because they provide value to your company.
ACCOUNTS RECEIVABLE IN BALANCE SHEET
EXAMPLE
THANK YOU