Are accounts receivables classified under liabilities and equity on a balanced sheet?

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1178203

2026-08-09 20:05

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No, accounts receivable are not classified under liabilities or equity on a balance sheet. They are classified as current assets, representing money owed to a company by its customers for goods or services delivered. Liabilities reflect obligations the company owes to others, while equity represents the owners' interest in the company.

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