Methods to monitor accounts receivable:

Question

Quizplus · Accepted Answer

Net accounts receivable and aging schedules are both methods used to monitor accounts receivable. Net accounts receivable gives a clear picture of the actual amount expected to be collected, after allowances for doubtful accounts. An aging schedule categorizes receivables by their age, helping in identifying overdue payments and assessing credit risk. Treasury bills, on the other hand, are short-term government securities and not a method for monitoring accounts receivable.

Methods to Monitor Accounts Receivable