Presented below are various receivable transactions entered into by Renner Tool Company. Indicate whether the Advanced $1, 000 to a trusted employee. Accepted a $2, 000 promissory note from a customer as payment on account. Determined that a $10, 000 income tax refund is due from the IRS. Sold goods to a customer on account for $5, 000. Recorded $500 accrued interest on a note receivable due next year. Loaned a company officer $4, 000. By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by you Presented below are various receivable transactions entered into by Renner Tool Company. Indicate whether the Advanced $1, 000 to a trusted employee. Accepted a $2, 000 promissory note from a customer as payment on account. Determined that a $10, 000 income tax refund is due from the IRS. Sold goods to a customer on account for $5, 000. Recorded $500 accrued interest on a note receivable due next year. Loaned a company officer $4, 000. By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by you