A receivable that is evidenced by a formal instrument and that normally requires the payment of interest
Question:
A receivable that is evidenced by a formal instrument and that normally requires the payment of interest is:
(a) an account receivable.
(b) a trade receivable.
(c) a note receivable.
(d) a classified receivable.
AppendixLO1
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Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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