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Accounts Receivable (Example)

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Student name Course name Course instructor Submission date Accounts Receivable Accounts receivable is defined as the outstanding invoices that a company has or the money that is owned by a corporation from its clients. Receivables do represent the line of credit that is extended by a corporation in a due short duration which ranges from a few days to almost a year. Accounts receivables are discussed in depth by Brian Hamilton in his article: Why managing accounts receivable could save your business dated September 17 2014. In his article Brian Hamilton argues that it is critical for big companies to make faster payments to their small business vendors who experience the challenge of not paid on time. Accounts receivable plays a vital role because it provides an opportunity to discuss than their bookkeeping- it is very critical to utilize the accountants in large and small businesses. Business owners should challenge their accountants to provide them with advice. Business owners are advised to view their accounts as advisors and friends. This enables any business to streamline its accounts receivables effectively and efficiently. Adding safeguards- those companies that deal with large accounts they may consider investing in payment insurance. When a corporation insures their accounts receivable they preserve their sales against those non-payment risks. Furthermore some policies may help the company from various commercial risks causing non-payment that they cannot control. References The commentary is based on: Accounts Receivable: Why managing Accounts Receivable can save your business (Sage works Company) By Brian Hamilton September 17 2014 Links to an external site: https://www.entrepreneur.com/article/237523 [...]

Order Description:

the paper must follow the rubric attached and related to the article. please click on the link to find the article. www.entrepreneur.com please make sure to include the following accounting for receivables... Acc/Receivable note/receivable other/receivables

Subject Area: Accounting

Document Type: Research Paper

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $25

Words 825

Pages 3

Completed in 20 days

Expert snrParto

Client Review

great work

Positive
04.09.2017

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