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Question 10 4 pts Accounts receivable differs from notes receivable in that Accounts receivable is generally collectible within the near term whereas notes receivable is

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Question 10 4 pts Accounts receivable differs from notes receivable in that Accounts receivable is generally collectible within the near term whereas notes receivable is generally not collectible for a year or more. All of these statements are correct. Accounts receivable is not interest-bearing whereas notes receivable is typically interest-bearing. Accounts receivable represents receivables in the ordinary course of business" whereas notes receivable typically represents the result of s special collection or financing method with a customer

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