What is the difference between accounts receivable and deferred revenue?

Accounts receivable and deferred revenue are both important financial concepts related to revenue recognition, but they represent different aspects of a company’s financial transactions: Accounts Receivable: Accounts receivable (AR) represents the money owed to a company by its customers for goods or services that have been delivered but not yet paid for. It arises when…...

To get access, please buy CA Interview Question Bank
Scroll to Top