Question 12 2 pts If a credit customer fails to pay an accounts receivable, the company may ask the customer to sign a promissory note. O True O False Question 13 2 pts The payment terms for a note receivable are generally longer than that of an account receivable. O True O False Question 10 2 pts Notes receivable represent a written promise that a party will pay a fixed amount of principal plus interest on a stated maturity date. O True O False Question 11 2 pts A receivable occurs when a business sells goods or services to another party on account. O True O False