Accounts receivable (AR) represents the money owed to a business by its customers for goods or services provided on credit. It is recorded as an asset on the company’s balance sheet, indicating ...

Items commonly found in the asset category include: cash and equivalents, accounts receivable, inventory, and intellectual intangibles. Accounts receivable (AR) have a direct link to revenues on ...

Accrued Interest Receivable (an asset account) — $739.73 Credit: Interest Income (revenue account) — $739.73 This entry recognizes the interest income earned during the period, even though the ...

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Fewer couples are combining their bank accounts. But that trend may not promote partners’ overall financial health, experts say. Nia Darville Stokes-Hicks and Armondi Stokes-Hicks started their ...

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At the Microsoft Excel World Championship in Las Vegas, there was stardust in the air as 12 finance guys vied to be crowned the world’s best spreadsheeter. transcript The event’s organizer ...

Commissions do not affect our editors' opinions or evaluations. The best checking account is the NBKC Bank Everything Account, which earned 5.0 stars thanks to its combination of low fees ...

Commissions do not affect our editors' opinions or evaluations. The best high-yield savings account is Capital One 360 Performance Savings Account™, earning the top rating of 5.0 stars in our study.