Where the operating cycle extends beyond one year because of normal credit terms as in the case of installment sales. a. The entire receivables are classified as current with disclosure of the amount...

Where the operating cycle extends beyond one year because of normal credit terms as in the case of installment sales.

a. The entire receivables are classified as current with disclosure of the amount not realizable within one year

b. The entire receivables are shown as noncurrent

c. The portion due in one year is shown as current and the balance as noncurrent

d. The entire receivables are not recorded