How do I write a balance sheet for receivable accounts?
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How do I write a balance sheet for receivable accounts?
Its easy, just put on all the assets then your liabilities.
What is quoted below is from the following site: Preparing A Balance Sheet
Quote:
Accounts Receivable
Simply stated, accounts receivables are the amounts owed to you and are evidenced on your balance sheet by promissory notes. Accounts receivable are the amounts billed to your customers and owed to you on the balance sheet's date. You should label all other accounts receivable appropriately and show them apart from the accounts receivable arising in the course of trade. If these other amounts are currently collectible, they may be classified as current assets.
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