Dear Tutor,
'Amounts due from customers' represent unbilled revenue and is an asset on the balance sheet. I understand it's not AR. Is it some kind of transitional account that will soon become AR? If not, what is it?
Many thanks,
Valentina
'Amounts due from customers' represent unbilled revenue and is an asset on the balance sheet. I understand it's not AR. Is it some kind of transitional account that will soon become AR? If not, what is it?
Many thanks,
Valentina
