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The question is : Why is it more important to search for unrecorded notes payable than for unrecorded notes receivable? I realize that the primary

The question is : Why is it more important to search for unrecorded notes payable than for unrecorded notes receivable?

I realize that the primary answer is in that a company is more likely to ovelook the recording of the liability versus the recording of an asset but why is this?

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