the amounts of money due or owed to a business or professional by customers or clients.
Generally, accounts receivable refers to the total amount due and is considered
in calculating the value of a business or the business's problems in paying its
own debts. Evaluation of the chances of collecting based on history of customers'
payments, quality of customers and age of the accounts receivable and debts is important.
A big mistake made by people overly eager to buy a business is to give too high
a value to the accounts receivable without considering the chances of collection.
law dictionary, legal
dictionary, online law dictionary, legal terms dictionary,
online legal dictionary, legal definition, legal
terms and definition, Best online Dictionary, Law
Dictionary Software, Download Law Dictionary, law
dictionary, legal dictionary, online law dictionary,
legal terms dictionary, online legal dictionary,
legal definition, legal terms and definition, Best
online Dictionary, Law Dictionary Software, Download
Law Dictionary
