How much does CAE report on its balance sheet for accounts receivable on March 31, 2012? What

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How much does CAE report on its balance sheet for accounts receivable on March 31, 2012? What does that amount represent (how would you explain its meaning to a novice user of financial statements)? How much do CAE's customers actually owe it on March 31, 2012? Why are the two amounts different?

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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