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Anne Marie, the owner of Anne's Beauty Salon continues to ask you questions about her financial statements. What is accounts receivable? Is it something good?

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Anne Marie, the owner of Anne's Beauty Salon continues to ask you questions about her financial statements. What is accounts receivable? Is it something good? I see these things called current assets and current liabilities. What are they? Why show them? I still don't understand what the Statement of Retained Earnings is all about and why do I need it. What is retained earnings? What is that thing called a dividend? Is it an expense? How would you respond to each of these questions

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