What is the difference between a Debit and a Credit as it relates to Accounts Receivable?

Accounts Receivable is an account that holds what a person or company owes your business. For example you sold a computer to a customer on credit, this credit is listed in an Accounts Receivable and is an asset.

Asset accounts maintain a Debit Balance, meaning that a debit to the account will increase the account (in other Words increase the amount the customer owes the company).

A credit to the account will decrease the balance of that account (in other Words, it records payment or credit to that customers account and decreases the amount the customer owes the company).