Referring to the Framework's definition of an asset explain why accountants regard accounts receivable as an asset.

Question:

Referring to the Framework's definition of an asset explain why accountants regard as an asset.
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...