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Sales on account that have not yet been collected are accounts _. Hint : LVEIECAERB Word Scramble?

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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/08/01
Michael Lagunday
by Michael Lagunday , Accountant , Dubai Camel Racing Club

My answer is receivable.

 

Sales on account which are not yet collected is recorded as accounts receivable.

Said Shaban
by Said Shaban , Accountant , Tri State Materials Testing

The correct answer: Accounts Receivable

Sales on account that have not yet been collected are Receivable Accounts.

Accounts Receivable>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Ali Mohammed
by Ali Mohammed , Lecturer in Accounting, Finance, Maths and Economics , Admas University College

They are known as accounts receivable.... Sales on Account are known as accounts receivable... Purchases made but have not been yet paid are known as Account payable.... 

 

So the answer is Accounts Receivable

famuko oluwole akinwale
by famuko oluwole akinwale , account executive , hallmarkglobalpetroleum

 SALE ON ACCOUNT THAT HAS NOT BEEN COLLECTED ON THE PART OF THE COMPANY IS ACCOUNT RECEIVABLE.

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

thanks for the invitation but sorry your question not in my speciality ......................thank.

Receivable .............................................................................................

Ahmer Zamir
by Ahmer Zamir , Consultant , Saleem Associates & Co

The sales is to be treated as Accounts Receivable

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