Note 5 to CAE's financial statements shows that the accounts receivable balance shown on the balance sheet

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Note 5 to CAE's financial statements shows that the accounts receivable balance shown on the balance sheet isn't exclusively accounts receivable. What other amounts are included in the accounts receivable balance? What proportion of the total do these other amounts rep resent? What are accounts receivable versus other types of receivables? Do you think knowing the amounts of the different types of receivables is important? Explain.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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