... REPORTING AND ANALYZING RECEIVABLES 8-2 Financial Accounting, Seventh Edition Learning Learning Objectives Objectives After studying this chapter, you should be able ... receivables Preview of Chapter Financial Accounting Seventh Edition Kimmel Weygandt Kieso 8-4 Types Types of of Receivables Receivables Amounts due from individuals and companies that are expected ... goods and services Written promise (formal instrument) for amount to be received Also called trade receivables Nontrade receivables such as interest, loans to officers, advances to employees, and...