Daw Company's December 31 year-end unadjusted trial balance shows a SI0.000 balance in Notes Receivable. This balance is from one 6% note dated December I. with a period of 45 days. Prepare any necessary journal entries for December 31 and for the note's maturity date assuming it is honored. Record the sale by Balus Company of SI 25.000 in accounts receivable on May 1. Balus is charged a 2.5% factoring fee. The following data are taken from the comparative balance sheets of Ruggers Company. Compute and interpret its accounts receivable turnover for year 2015 (competitors average a turnover of 7.5). Answer each of the following related to international accounting standards. Explain (in general terms) how the accounting for recognition of receivables is different between IFRS and U.S. GAAP. Explain (in general terms) how the accounting for valuation of receivables is different between IFRS and U.S. GAAP. Daw Company's December 31 year-end unadjusted trial balance shows a SI0.000 balance in Notes Receivable. This balance is from one 6% note dated December I. with a period of 45 days. Prepare any necessary journal entries for December 31 and for the note's maturity date assuming it is honored. Record the sale by Balus Company of SI 25.000 in accounts receivable on May 1. Balus is charged a 2.5% factoring fee. The following data are taken from the comparative balance sheets of Ruggers Company. Compute and interpret its accounts receivable turnover for year 2015 (competitors average a turnover of 7.5). Answer each of the following related to international accounting standards. Explain (in general terms) how the accounting for recognition of receivables is different between IFRS and U.S. GAAP. Explain (in general terms) how the accounting for valuation of receivables is different between IFRS and U.S. GAAP