We're going to walk you through how to calculate accounts receivable in this guide. We'll demystify a myriad of different formulas and ratios you need to know.Comparative Balance Sheets December 31, 2018 and 2017 2018 2017. The document shows the accounts receivable ledger for Montgomery Company as of September 30, 2017. The document shows the accounts receivable ledger for Montgomery Company as of September 30, 2017. Contractor Agreement in the form included in the Contract Documents and to Substantially. Consist principally of cash, accounts receivable, and pledges receivable. Custodial credit risk for the. (Increase) in Accounts Receivable. Businesses that get paid faster tend to be in a better financial position.