The subsequent measurement of accounts receivable is measured at amortized cost. By amortized cost of a financial asset, we mean that the initial recognized amount of the financial asset is the result of the following adjustments:
(1) Deducting the principal amount repaid.
(2) Plus or minus the cumulative amortization formed by amortizing the difference between such initial recognized amount and the maturity amount using the effective interest rate method.
(3) Deduct the impairment loss incurred on this financial asset.
Expanded InformationAmounts receivable from the purchasing unit or the receiving unit of labor service mainly include the price receivable from the relevant debtor by the enterprise for the sale of goods or the provision of labor service, etc. as well as the packing fee, transportation and miscellaneous fees advanced on behalf of the purchasing unit.
This account accounts for the amounts receivable by enterprises for sales of goods, provision of labor services and other business activities. In order to reflect the increase or decrease of accounts receivable and its balance, the enterprise should set up "accounts receivable" account, do not set up a separate "accounts receivable" account of the enterprise, the advance receipts are also in "accounts receivable The "Accounts Receivable" account is also used in the "Accounts Receivable" account.
Baidu Encyclopedia-Accounts Receivable