Sale of goods on credit to our customers makes the customer our Debtor. A customer becomes the debtor of that amount for which goods are sold on credit.
Accounts Receivable Template is a document which records sale of services or goods by a company made on credit. In other words, Account receivable Ledger records the credit invoices of a company to its debtors. These receivables are our assets. Accounts receivable is listed as a current asset on the seller’s balance sheet. The total amount […]