difference between book debts and recievables in terms of working capital analysis
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book debts vs receivables
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Book Debts refers to balances due from customers to whom we have sold goods or rendered any service on credit.
Receivables = Book Debts + Debtors(not book debts/ trade debtors) + B/R generated against Debtors.
Book Debts is also known as Accounts Receivables and it is different from Receivables. Receivables is a broader term.
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