Notes Receivable Video Lessons

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Problem: The primary difference between a note receivable and an account receivable is: a. A note receivable cannot be classified as a current asset. b. An note receivable is more likely to be collected. c. An account receivable is more likely to be collected. d. A note receivable is evidenced by a written debt instrument.

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Problem Details

The primary difference between a note receivable and an account receivable is:

a. A note receivable cannot be classified as a current asset.

b. An note receivable is more likely to be collected.

c. An account receivable is more likely to be collected.

d. A note receivable is evidenced by a written debt instrument.

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