Understand the fundamental question of whether accounts receivable is classified as a debit or credit and how it influences financial records. As a debit, accounts receivable increases the total assets on the balance sheet, reflecting that revenue has been earned but not yet collected. When considered a credit, it decreases the accounts receivable, indicating that some of the outstanding invoices have been paid or adjusted.
State Financial Corporation, located in California, provides businesses with fast, flexible accounts receivable financing. We help manufacturers, distributors, and service providers unlock capital tied up in unpaid invoices, offering asset-based lending solutions designed to improve cash flow.
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