Which of the following are also called trade receivables?
A) Accounts receivable
B) Other receivables
C) Advances to employees
D) Income taxes refundable

Question

Quizplus · Accepted Answer

Accounts receivable are also called trade receivables as they are amounts owed by customers in exchange for goods or services sold by a company. Other receivables may include non-trade receivables such as loans to employees or affiliates, while advances to employees and income taxes refundable are not considered trade receivables.

Which of the Following Are Also Called Trade Receivables