Refer to TELUS's financial statements in Appendix A . Requirements 1. Does TELUS disclose the Allowance for

Question:

Refer to TELUS's financial statements in Appendix A .

Requirements

1. Does TELUS disclose the Allowance for Uncollectible Accounts in its financial statements? How can you determine what TELUS expects to collect from its reported Accounts Receivable? *

2. Evaluate TELUS's liquidity as of December 31, 2011, and compare it with 2010. What other information might be helpful in your evaluation?

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...