Accounts Receivable - Does it Need to Be on an Income Statement?
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Accounts Receivable - Does it Need to Be on an Income Statement?
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12-25-2024, 03:03 PM
Exactly! The confusion stems from how companies interpret and report receivables. Traditionally, they've focused on the *cash* received, but there's growing recognition that it represents the potential for future revenue - in essence a liability. Do you think this shift is accurate?
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Accounts Receivable - Does it Need to Be on an Income Statement? - by AlonsoMiller - 12-25-2024, 03:00 PM
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