Time is a crucial resource that each enterprise treasures and attempts to turn into a reward. When picking document management software program, take note of a clutterless and user-friendly interface that empowers customers. DocHub offers cutting-edge tools to optimize your file managing and transforms your PDF file editing into a matter of one click. Replace Surname Field in the Accounts Receivable Purchase Agreement with DocHub to save a ton of time and boost your efficiency.
Make PDF file editing an easy and intuitive operation that saves you plenty of valuable time. Effortlessly alter your files and send out them for signing without looking at third-party alternatives. Focus on pertinent duties and increase your file managing with DocHub today.
all right so we are now down to our second major topic which is receivables we are done with cash and cash equivalents we also discussed about bank reconciliation and proof of cash now our next objective is to learn the second line item in the statement of financial position which is trade and other receivables and the first thing that we are going to study is accounts receivable now receivables in general are financial assets and they represent a contractual right to receive cash and another financial asset from the other entities so basically it is favorable on our part kazinga we have the right to collect cash in the future or any other asset and this is considered as an asset okay so in in practice we have this trade and non-trade receivables so receivables in general are further classified into these two the trade receivables are obviously those receivables that are in connection with our normal operation or in connection with the the business or the ordinary course of the busines