Fundamental Accounting Principles
Fundamental Accounting Principles
23rd Edition
ISBN: 9781259536359
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 9, Problem 4DQ

Why might a business prefer a note receivable to an account receivable?

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Which is better to have? Accounts receivable or notes receivable? And why?
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Question - Notes Receivables How can Notes Receivables be sold to another party? What is the process exactly? Please explain.
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