Financial performance Measurement.

Hi, I'm very well, thanks. Hope it is the same for you too! Accounts receivable are money owed by credit customers following the invoice being issued. Accrued revenue is effectively the same in that it is money owed but it has not yet been billed following the provision of the goods/service. Both are current assets. Accounts payable are money due to credit suppliers for goods purchased following the receipt of the invoice. Deferred revenue is money received from a credit customer that cannot yet be recognised as revenue until a future period. Both are current liabilities. Thanks