Which of the following would be classified as an accounts receivable?

Question

Quizplus · Accepted Answer

Accounts receivable refers to amounts owed to a company by its customers for goods or services sold on credit. Therefore, amounts due from customers is the only option that fits this description. Dividends owing to the company on an investment represents a receivable, but it is not classified as an "accounts receivable." A loan to an employee is a different type of asset altogether. Amounts due from the tax department represent a liability, since the tax department owes the company money.

Which of the Following Would Be Classified as an Accounts