Make your hard disk drive as good as new. In fact, HDD Low Level Format Tool re-initializes the hard drive to its factory configuration by writing a zero byte to its each and every location on the disk.
Trade receivables are those receivables which originate from sales of goods and services by a business in the ordinary course of business. Non-trade receivables are the amounts due from third parties for transactions outside its primary course of business i.e. selling goods and services.
The carrying amount of the asset is reduced through the use of an allowance account and the amount of the loss is recognized in the consolidated statement of income. When a trade and other receivable is uncollectible, it is written-off against the allowance account for trade and other receivables. Subsequent recoveries of amounts previously written-off are recognized as income in the consolidated statement of income. This excerpt taken from the PHI 6-K filed Nov 4, 2008.