Accounts receivable are normally reported at the: Multiple Choice Present value of future cash receipts. Current value plus accrued interest. Expected amount to be collected. Current value less expected collection costs.

Expected amount to be collected.

Explanation:

Accounts receivable is defined as revenue that is expected to be collected by a firm for goods and services offered to its customers.

It is what is being owed to the business and is due for collection at a particular time in the future.

Accounts receivable are recorded on the balance sheet as current assets. They are created when a customers buys goods and services on credit

The turnover ratio analysis is usually carried out an accounts receivable to determine when the business is actually collecting payments.

The objectives of financial regulators are usually: market confidence – to maintain confidence in the financial system. financial stability – contributing to the protection and enhancement of stability of the financial system. consumer protection – securing the appropriate degree of protection for consumers.