Line 7a, Current Receivables (Principal and Interest) –

270.11 - Line 7a, Current Receivables (Principal and Interest) – (Rev. 5, 08-30-02) A1-1923.11, A1-1943.11, B1-4923.11, B1-4943.11 The contractor enters the amount of the receivables due within 12 months following the reporting period. The definition of current and non-current does not depend on the time a debt is outstanding but when the debt is due. A receivable for which the due date is 12 months or less from the report date is a current receivable. For example, a debt due September 30, 2003, within 12 months from the date of a report for September 30, 2002, is a current receivable. In addition, all delinquent receivables are to be reported as current. The contractor shall assign between current and non-current the appropriate amount of those receivables for which it has negotiated extended repayment schedules, based on the installment payment dates.