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1. What is the difference between accounts receivable and notes receivable? 6. What is the most common format for reporting accounts receivable on the balance

1. What is the difference between accounts receivable and notes receivable?

6. What is the most common format for reporting accounts receivable on the balance sheet?

What information does this method provide beyond showing only the net amount?

12. what is the advatage of using the allowance method of accounting for uncollectible accounts?

What is the advantage of using the direct write-off method?

15. What is "aging of accounts receivable"?

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