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DewmBoom

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Re: Anvil post# 235840

Monday, 07/15/2019 8:17:21 AM

Monday, July 15, 2019 8:17:21 AM

Post# of 255763
I am still waiting to see the evidence for the one year GAAP requirement. There is none.

Quote:
Time Periods for Accounts Receivable to Be Outstanding

There are no specific legal requirements limiting the time period accounts receivable can be outstanding. Essentially, they are allowed to remain for as long as the company owed money is willing to wait for payment.


https://www.investopedia.com/ask/answers/021215/how-long-are-accounts-receivable-allowed-be-outstanding.asp
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