After studying this chapter, you should be able to:
1 Identify the different types of receivables.
2 Explain how companies recognize accounts receivable.
3 Distinguish between the methods and bases companies use to value accounts receivable.
4 Describe the entries to record the disposition of accounts receivable.
5 Compute the maturity date of and interest on notes receivable.
6 Explain how companies recognize notes receivable.
7 Describe how companies value notes receivable.
8 Describe the entries to record the disposition of notes receivable.
9 Explain the statement presentation and analysis of receivables.