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What is the difference between account receivable and notes receivable? What is the most common format for reporting accounts receivable on the balance sheet? What

  1. What is the difference between account receivable and notes receivable?
  2. What is the most common format for reporting accounts receivable on the balance sheet? What information does this method provide beyond showing only the net amount?

12. What is the advantage of using the allowance method of accounting for uncollectible accounts? What is the average of using the direct write-off method?

15. What is "aging of accounts receivable"?

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