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    StudentTB's Avatar
    StudentTB Posts: 1, Reputation: 1
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    #1

    Sep 12, 2010, 10:01 PM
    Accounts receivable balance of $10M
    What accounting advice would you give concerning the accounts receivable balance of $9,800,00?
    3MILLION IS > 180 DOS
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 13, 2010, 12:10 AM

    I wouldn't give any advice about it, because in and of itself, the balance means nothing.
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