A note receivable due in five years is listed on the balance sheet under the caption:
A) investments.
B) current assets.
C) fixed assets.
D) stockholders' equity.

Name: A note receivable due in five years is listed on the balance sheet under the caption: A) investments. B) current assets. C) fixed assets. D) stockholders' equity.
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Question

Quizplus · Accepted Answer

A note receivable due in five years is considered a long-term investment and falls under the category of investments on the balance sheet.

A Note Receivable Due in Five Years Is Listed on the Balance