Accounts receivable, net

3 Months Ended

Sep. 30, 2011

Accounts receivable, net

5. Accounts receivable, net

The Accounts receivable, net caption in the Consolidated Balance Sheet is comprised of the following components:

	September 30, 2011			June 30, 2011
Accounts receivable, trade	$	1,693,805		$	1,780,137
Allowance for doubtful accounts		(9,623	)		(10,472	)
Non-trade accounts receivable		83,605			75,550
Notes receivable		113,516			132,641
Total	$	1,881,303		$	1,977,856

Accounts receivable are initially recorded at their net collectible amount and, where applicable, are generally recorded at the time the revenue from the sales transaction is recorded. Receivables are written off to bad debt primarily when, in the judgment of the Company, the receivable is deemed to be uncollectible.