What is the most common format for reporting accounts receivable on the balance sheet? What information does

Question:

What is the most common format for reporting on the balance sheet? What information does this method provide beyond showing only the net amount?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...