Accounts Receivable F13-01b

What are the four different types of receivables?

The four different types of receivables are:

  1. Accounts receivable, which relates to customer transactions.
  2. Notes receivable, which relates to non-customer transactions and promissory notes.
  3. Trade receivables, which is another name for customer accounts receivable.
  4. Non-trade receivables, which are created by non-customer transactions.