Accounting


We answer your accounting questions.

Over 500 questions have been answered on our accounting blog. Click here to suggest a question.

January 26, 2009

What is the difference between receivables and accounts receivable?

Accounts receivable are usually current assets that arise from selling merchandise or providing services to customers on credit. Accounts receivable are also known as trade receivables.

Receivables is the term that refers to both trade receivables and nontrade receivables.

Nontrade receivables are receivables other than accounts receivable. Some examples of nontrade receivables include interest receivable, income tax receivable, insurance claims receivable, and receivables from employees.

Learn more about Accounts Receivable.

Related Questions

 Accounting Exams

Accounting Exams
Printable (PDF) Exams on 16 financial accounting topics and 19 managerial accounting topics. More Info...

     Accounting Bookkeeping Test

Bookkeeping Test
Test your bookkeeping skills. Printable (PDF) Bookkeeping Test with 175 total questions. More Info...

 Accounting Forms

Business Forms
Our Master Set of 80 Business Forms will assist you in preparing financial statements, financial ratios, break-even calculations, depreciation, standard cost variances, and more. More Info...


Comments

13 Responses to “What is the difference between receivables and accounts receivable?”

  1. Ansari on January 27th, 2009 1:31 am

    Thanks for the answer you have given.

    The way you explain is much impressive.

  2. Michael on January 27th, 2009 5:58 am

    I am full time lecturer in a Private college in Maldives, offering training for CAT[ACCA] , ABE Courses. I have more than 34 years of teaching Accounting and Finance. Still I find your materials simple, lucid with clarity and covers all the related links and concepts

    I am geting your newsletter regularly and using your resources to my students.
    My students too join me in appreciating your untiring efforts in providing this service.

    Hats off

    Michael
    Michael
    Senior Lecturer, MAPS

  3. lovemore on January 28th, 2009 8:21 am

    please l have found your answers most interesting provide me with more of these notes so that l boost my knowledge

  4. What is the difference between receivables and accounts receivable … - edvdbox on January 28th, 2009 12:44 pm

    [...] Accounts receivable are usually current assets that arise from selling merchandise or providing services to customers on credit. More [...]

  5. tiger on February 3rd, 2009 11:05 pm

    As a financial manager in enterprise,I am very pleased to find this website.it provides good help to my work!

  6. Santhosh on February 4th, 2009 10:57 pm

    This is more helpful to improve my carrier. So Iam very happy to get this regularly.

    santhosh

  7. Narender Majoju on February 5th, 2009 1:01 am

    Thanx a lot to provide me the stuf from Accounts, Its really verry useful to all of accounts people…
    your answers most interesting provide me with more of these notes so that l boost my knowledge…

    Thank you very much…!

    Best Regards,
    Narender Majoju

  8. Emmanuel on February 11th, 2009 6:52 am

    Thanx its great learning more receivables

  9. Ansari on February 19th, 2009 6:49 am

    Now the Accounting has become more colourfull.Undoubtedly you made it.The way you describe is much convincing.

  10. Syeda Arshia Nishat on February 24th, 2009 10:07 am

    Thanks a lot I find this side to be very informative. I refer, and suggest ur site to my friends. I like ur explaination as these are very clearly clarified.

    Syeda Arshia Nishat

  11. Leo on March 19th, 2009 12:14 pm

    I’m a student again and i’m loving it. All the topics are covered in a clear and understandable manner, every question answered in a very clear way.Because of you I’m seriously thinking of finishing that ACCA degree. Thank you very much.

    Leo Hadjiyerou(Cyprus)

  12. wisdom pupwe on May 7th, 2009 4:13 am

    am very pleased with the lesson.
    keep it up.
    ABE STUDENT.

    ZAMBIA
    CHIRUNDU BORDER

    0977448509

  13. Sabash on August 20th, 2009 12:46 am

    Thanks for your quation and answers

Leave a Reply