A trade receivable is an example of which of the following? a) an asset, b) a liability c) income?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
Can we offset assets and liabilities or income and expenses?
Posted by:
Yasir Ammar Mehmood
13-March-2014

Accounting Financial Accounting

Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/02/13

Upvote (1) Views (5) Followers (6) Answers (4) Report Question

Write an Answer
Register now or log in to answer.

4 Answers

Fawzy Ahmed Salim El-Shabiby

by Fawzy Ahmed Salim El-Shabiby , Accountant , Servtel Information, Security, and Telecommunication Network Limited

Ans: a) trade receivable is an asset

Downvote Reply () Report

by Mahmoud Hamid , Finance Manager , Experts

A trade receivable is a current asset

Downvote Reply () Report

by Deleted user

obviously its an current asset....

Downvote Reply () Report

by Umair Khalid , Accountant , M I H BUILDING MATERIAL GROUP

A treade receivable is an example of AN Asset

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

When doing an "index analysis," we should expect that changes in a number of the firm's current asset and liabilities accounts
Top Answer: ANSWER IS NET SALES <<<<<<<<<<<<<<<< See More

Answers (11)
The extent to which assets are "working," generating income for the organization is referred to as asset:?
Top Answer: Thank for invitation sir DDDDDDDDDDDD It is a ratio used by business analysts to determine how well a ... See More

Answers (7)
How do you complete this equation. Current assets - Current liabilities=?
Top Answer: 4. Net Working Capital ..................................................... See More

Answers (10)
If a company pays one of its liabilities twice during the year, in error. What are the effects of this mistake?
Top Answer: B. Assets and Liabilities will be understated becuase, 1. Due to double payment of the liability, th ... See More

Answers (8)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.