unpaid balance owed by a customer. Prepaie juul RecRoom. Rather than use letters to reference each transaction, use the da of the transa the company to incr L. Notes Receivable and decrease its Accounts Receivable. RecRoom adjusts its records for interest earned to December 31, 2012 RecRoom receives the principal and interest on the note's maturity date. M8-13 Reporting Accounts and Notes Receivable in a Classified Caterpillar, Inc., reported the following accounts and amounts (in millions) in its b. c. 2010, year-end financial statements. Prepare the current assets section of a classfied balan Assume that the Allowance for Doubtful Accounts relates to Accounts Receivable ta Notes Receivable. ct $5,856 17,149 12,367 Long-Term Debt Long-Term Notes Receivable Notes Receivable-Current Accounts Payable Accounts Receivable Accumulated Depreciation Allowance for Doubtful Accounts Cash and Cash Equivalents Inventories Loans Payable -Current 306 12,05 357 Other Current Assets 3,592 Other Current Liabilities 9,587 Other Noncurrent Assets 3,925 Property, Plant, and Equipmert 2,23 24,906 18-14 Determining the Effects of Credit Policy Changes on Receivables Turnover Ratio and Days to Collect