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20 April, 22:32

Accounts receivable are normally reported at the: Multiple Choice Present value of future cash receipts. Current value plus accrued interest. Expected amount to be collected. Current value less expected collection costs.

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  1. 20 April, 22:58
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    Expected amount to be collected.

    Explanation:

    Accounts receivable is defined as revenue that is expected to be collected by a firm for goods and services offered to its customers.

    It is what is being owed to the business and is due for collection at a particular time in the future.

    Accounts receivable are recorded on the balance sheet as current assets. They are created when a customers buys goods and services on credit

    The turnover ratio analysis is usually carried out an accounts receivable to determine when the business is actually collecting payments.
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