Accounts receivable from officers, employees, or affiliated companies should be presented on the balance sheet

A : as trade notes and accounts receivable if they otherwise qualify as current assets.

B : by means of footnotes only.

C : as assets but separately from other receivables.

D : as offsets to capital.

The answer is C.

Explanation:

Accounts receivable is the amount an entity or entities is owing a business or the amount of money that customers are owing a business. For example, Company A sold goods worth $10,000 and $5,000 on credit to firm C and D respectively. So the total accounts receivable for company A is $15,000.

Trade receivable is considered as an asset (Curren asset) because a company A controls and owns it.

Accounts Receivable is for a business' customers (debtors)

But receivables from officers, employee should not be part of accounts receivables rather, it shud be named advances which is also an asset.

So advances to employees should be separated from accounts receivable from customers.