RECEIVABLE MANAGEMENT- ALL YOU NEED TO KNOW

RECEIVABLE MANAGEMENT- ALL YOU NEED TO KNOW

The receivables account is also called the bills receivables and consists of transactions with people to whom one offers services or goods on a credit basis. It also comprises businesses or clients from whom the business is money owed because of the credit facilities availed for business purposes. The accounting language calls such firms, clients, parties, companies Sundry Debtors. These can consist of cash receivables, trade receivables etc., and are an asset to the firm……………..READ MORE

 

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