This account represents amounts due from trade customers within twelve months from statement date on notes and open accounts known to be collectable. Receivables should be shown net of reserves for Bad Debts and Discounts. Any receivables other than Trade Receivables (e.g. interest receivable, tax refund, etc.) should be classified under Other Current Assets. If there is any question regarding the value or the current nature of non-trade notes or accounts receivable, they should be classified under "Other Non-Current Assets".

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