At year-end ALAN has $110,000 in accounts receivables from officers on the books. The Board of Directors approved these loans which are in the form of demand notes. One of the staff assistants asked whether there was any intent to require officers to pay back these loans. Celia Gold and Gabriel Allon, who each owe 1/2 of the total amount outstanding, agreed that while not much thought had been given to it, they imagined that they might someday repay the loans. On the other hand, they thought that the Board of Directors might forgive the loans some year in lieu of their annual bonus. What entry or disclosure, if any, is necessary in this circumstance?