Liability and Receivables: Difference between pages

Revision as of 14:07, 20 June 2016

1.

Accounting.

Amounts which are due to be received by a reporting entity.

2.

All amounts due from obligors both under trading contracts and under negotiable instruments.

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-.  ''Law.''
+.
-A legal duty or obligation.
+''Accounting.''
+Amounts which are due to be received by a reporting entity.
-.  ''Financial reporting.''
-An amount payable.
+.
-Liabilities may include estimates, and amounts payable for commercial reasons - for example to maintain goodwill with customers - even if there is not a strict legal obligation to pay them.
+All amounts due from obligors both under trading contracts and under negotiable instruments.
-==See also==
+== See also ==
-* [[Actuarial liability]]
+* [[AR]]
-* [[Asset-liability management]]
+* [[Debtors]]
-* [[Compensation]]
+* [[Direct collection]]
-* [[Damages]]
+* [[General provision]]
-* [[Disclaimer]]
+* [[Loans and receivables]]
-* [[Goodwill]]
+* [[Negotiable instrument]]
-* [[Joint and several liability]]
+* [[Obligor]]
-* [[Law]]
+* [[Payables]]
-* [[Liabilities]]
+* [[Receivable put]]
-* [[Limited liability]]
+* [[Receivables finance]]
-* [[Regulation]]
+* [[Receivables management]]
-* [[Trustee liability insurance]]
-[[Category:Accounting,_tax_and_regulation]]
-[[Category:The_business_context]]