Scenario:

Your company lends $$10,000$ to a customer by issuing a note receivable, which is due in $6$ months at a rate of $6\%.$

Explanation:

What does the note receivable represent for the company lending the money?

Scenario:

Your company lends $$10,000$ to a customer by issuing a note receivable, which is due in $6$ months at a rate of $6\%.$

Explanation:

What does the note receivable represent for the company lending the money?

Revenue.

A liability.

A asset.

Interest expense.