Accounts receivable represents the dollar value of business that your company has transacted for which it has not yet received payment. It appears on the "assets" side of your balance sheet. A balance ...

Some companies find that offering incentives to credit customers can help encourage early payments, increasing cash flow and reducing the risk of bad debt. A sales discount is one incentive that many ...

Learn how to calculate a firm's percentage of credit sales using accounts receivable and sales data. Understand its impact on ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, ...

A balance sheet is a financial report that provides a snapshot of a business’s position at a given point in time, including its assets (economic resources), its liabilities (debts or obligations), and ...

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...