Accounts receivable is an asset shown on the company's balance sheet. The balance represents the amount of company sales that were made on credit that are now awaiting cash payment. Since some ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

When a business takes a write-off, it is a deduction in the value of earnings by the amount of an expense or loss. When a business makes a sale or a deal with a client, with an understanding that the ...

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Debt that cannot ...