What is Accounts Receivable?

If you’re running a business or you’re looking to start a career in finance, you may come across the phrase “accounts receivable.”
But what does “accounts receivable” actually mean and why is it important?
Find out here!

Пікірлер: 4

  • @user-te6rn3tl8d
    @user-te6rn3tl8d4 ай бұрын

    Brilliant! I will now see accounts receivables as unpaid invoices due in 1 year, simple way for me to grasp the concept. 👍

  • @heroicwhisper
    @heroicwhisper Жыл бұрын

    Perfectly explained Mark. Really enjoy when you take accounting terminology and explain it very clearly.

  • @xihazem4233
    @xihazem4233Ай бұрын

    Thank you, really apreciate your content 👍

  • @bakedbirds5326
    @bakedbirds53266 ай бұрын

    hey this video was good but i got one question so they can pay in the first month of receving the invoice with no added fees or intrest but if they say take 12 months are they going to recive intrest and other fees or is that differnt per buissnes? again great video just wondering that