Does company owner take all the revenue?
4 Answer(s)
Binny
Very good point Atif. In such a case that portion of the net income is not available as cash to the shareholders / owner to takeaway. That credit amount will be reflected in the "accounts receivable" account of the balance sheet.
Dec 03 2012 01:17 PM
ATIF
thank u sir for answering my question----i am b-tech graduate--- but very very keen to learn about finance
Dec 03 2012 04:41 PM