jonathanLV5551 jonathanLV5551
  • 20-08-2020
  • Business
contestada

promissory note received from a customer in exchange for an account receivable is recorded by the payee as

Respuesta :

Parrain
Parrain Parrain
  • 22-08-2020

Answer: Note Receivable

Explanation:

A Note Receivable is a written document from a party promising to repay another party with interest on amounts borrowed in form of cash or otherwise thereby creating a debtor - creditor relationship between them.

When a promissory note is received from a customer in exchange for an accounts receivable it is a Note Receivable and the Payee being the creditor will record it as such.

Answer Link

Otras preguntas

what group of protein regulates cell division in eukaryotes
Your cats are beautiful. they both have that luxurious long hair and those piercing green eyes. i like that one is completely white, while the other is pure bla
Write 224/416 in simplest form.
what are weapons/warfare in ww2
State two ways to define velocity
what were the goals for the spanish colonizing america
Rob buys 6 tickets to the basketball game he pays 8.50 for parking his total cost is 40.54 what is the total cost of each ticket
Each of the 6 cats in a pet store was weighed. Here are their weights (in pounds): 12, 15, 10, 12, 13, 11 Find the median and mean weights of these cats. If
why did the framers give different duties to each branch
Which expressions are equivalent to this expression? y+y+y+3z Select each correct answer. A. 2y + 2z + y + z B. 3 + y + 3z C. 3(y + z) D. 3y + z