What are receivables on a balance sheet? 1.29K viewsAccounting0 Johanson 0 Comments What does the accounts receivable balance include on the balance sheet? Its a current asset but what kind of transactions are recorded in there? 1 AnswerActiveVotedNewestOldest 0 Morones Posted 0 Comments Most of the times, receivables refer to sales made which have not been paid yet. Accounts receivable can also include, vat refunds, tax refunds, prepayments and other assets which are expected to bring economic benefit within twelve months. You are viewing 1 out of 1 answers, click here to view all answers. Register or Login Search for: