accounts receivable

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Related to Account Receivable: account payable

Accounts Receivable

The sum of the monies owed to a person or enterprise which was incurred in the course of business transactions and not supported by negotiable paper.

ac·counts re·ceiv·a·ble

(AR, A/R) (ă-kownts' rĕ-sē'vă-bĕl)
The aggregate of money owed to the health care practice by all patients and/or insurers.


the bill provided to the client by the veterinarian setting out the sums owing for services rendered.

itemized accounts
the provision of accounts for professional services in which all of the medicines, materials and services supplied are itemized. The disadvantage of the procedure is the opportunity that it provides to vexatious clients to argue with the charges. It is standard procedure to provide an itemized account if the client asks for one.
accounts payable
the monies owed to other accounts by the practice and to be paid during the month.
accounts receivable
the accounts that owe the practice money and which can be expected to pay during the month.
References in periodicals archive ?
F-1 [the surviving company] will be the successor in interest to F-2 with respect to any account receivable established in accordance with section 4.
In addition, again based on Jack's collection efforts, it is possible that a bad debt deduction could be sustained for the $4,000 account receivable due from Ligustrum's Plants.
16) See TAM 9447003 regarding consistent character of account receivable and underlying transaction, to the extent pertinent for other tax purposes, e.
The Company has elected to use a conservative approach and establish the allowance which represents the full amount of the customer's account receivable.
Lockbox processors set up special post office zip codes to receive payments, deposit funds and provide electronic account receivable input to corporate customers.
valuation of this account receivable in light of the ongoing