Interest on a note receivable typically is due along with the face value at the note 's maturity date If the end of the accounting period occurs before the maturity date, how do we record interest earned but not yet collected ...

Notes receivable Notes receivable are similar to the accoun ...

Interest on a note receivable typically is due along with the face value at the note's maturity

Question:

Interest on a note receivable typically is due along with the at the note's date. If the end of the accounting period occurs before the date, how do we record interest earned but not yet collected?
Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the... Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...