Introduction to Account Receivables | Financial Accounting Course | CPA Exam FAR ch 7 p 1

In this video, I explain account receivables. Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivables are listed on the balance sheet as a current asset. AR is any amount of money owed by customers for purchases made on credit. ✔️Accounting students and CPA Exam candidates, check my website for additional resources: https://farhatlectures.com/ 📧Connect with me on social media: https://linktr.ee/farhatlectures #CPAEXAM #financialaccounting #accountingstudent