Accounts Receivable Clerk Question:

What’s the difference between deferred revenue and accounts receivable?

Tweet Share WhatsApp

Answer:

Deferred revenue represents cash received customers for services or goods not yet provided. Accounts receivable represents cash owing from customers for goods/services already provided.

Download Accounts Receivable Clerk PDF Read All 75 Accounts Receivable Clerk Questions
Previous QuestionNext Question
Tell me what Is Reconciliation?How would your previous supervisor describe you?