The impact of accounts receivable is two-fold. It will be reported in two separate assets, current assets and non-current assets. This happens because it could eventually become a liability if there were to be a default or it may mature into cash after time passes.
The other impact is that they will impact the income statement during the period that they are not collected. The company will have to make a policy decision on whether or not to report an interest expense related to the accounts receivable.