Examining subsequent receipts of year-end accounts receivable.
Accounts receivable, often known as AR or A/R, are legally enforceable claims for payment maintained by a firm for products or services given but not paid for by consumers.
Interest receivable is interest that has been earned through investments, loans, or past-due invoices but has not yet been paid. In other words, interest receivable is the anticipated interest revenue received by a corporation.
Accounts receivable shows how much of your cash flow is being held up by outstanding client invoices. Accounts receivable represent money owed to you by customers, and accounts payable represent money owed to service providers.
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