Do accounts receivable go on an income statement?

1 answer

Answer

1121810

2026-03-05 01:25

+ Follow

Nope. It goes to the Balance sheet (Debtors) under Current Assets.

What goes into income statement is Sales (both cash and credit).

DR Debtors

CR Sales. Debtor goes to B.S and Sales goes to P&L.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.