Interpreting Accounts Receivable and Related Footnote Disclosure (LO1) Following is the current asset section from the W.W. Grainger, Inc, balance sheet. p6-39 W.W. Grainger, Inc GwW) s of December 31 (S 000s) Cash and cash equivalents Accounts receivable (less allowances for doubtful 2012 2011 2010 accounts of $19,449, $18,801, respectively) 940,020 888,697 762,895 Prepaid expenses and other assets.... Deferred income taxes. 55,967 40,241 47,410 54,574 44,627 38,393 Total current assets. $2,900,640 $2,694,900 $2,238,071 Grainger reports the following footnote relating to its receivables. Allowance for Doubtful Accounts The following table shows the activity in the allowance for doubtful accounts. For Years Ended December 31 (S 000s) 2012 2011 2010 at beginning of period $18,801 $24,552 $25,850 4,761 6,718 9,504 Provision for uncollectible accounts Write-off of uncollectible accounts, net of recoveries. (9,100) (8,138) (8,302) 244 (2,374) 286 lectible accounts, net of recoveries,100) 8,138) (8.302) Business acquisitions, foreign currency and other Balance at end of period....$19,449 $18,801 $24,552