Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 5 - Balance Sheet and Statement of Cash Flows - Review and Practice - Questions - Page 237: 10


Typically, separate amounts should be reported for accounts receivable as well notes receivables. the amounts should be reported on the gross as well an amount for the allowance for doubtful accounts should be deducted.

Work Step by Step

On the latter, the amount as well nature of any non-trade receivables and any amounts designated or pledged as collateral should be clearly identified.
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