Accounts-receivable(应收账款)完整版.docVIP

Accounts Receivable One of the key factors underlying the growth of the American economy is the trend toward selling goods and services on credit. Accounts receivable comprise the largest financial asset of many merchandising companies. Accounts receivable are relatively liquid assets, usually converting into cash within a period of 30 to 60 days. Therefore, accounts receivable from customers usually appear in the balance sheet immediately after cash and short-term investments in marketable securities. UNCOLLECTIBLE ACCOUNTS Accounts receivable are shown in the balance sheet at the estimated c