- This topic has 1 reply, 2 voices, and was last updated 15 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Construction contracts
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
Yes – I normally say it’s like “unbilled work-in-progress”
