Aging The Accounts Receivable
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Description
The process of classifying the accounts receivable by age groups such as current. 1-30 days past due, 31-60 days past due, etc. A step in estimating the uncollectible portion of the accounts receivable.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Accounts receivable#Accounts Receivable Age Analysis
Learning Material
Covered in Topic(s)
| Financial Assets |