Trade receivables include notes receivable and advances to officers and employees.

Name: Trade receivables include notes receivable and advances to officers and employees.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Trade receivables typically include amounts due from customers for goods sold or services rendered as part of the company's ordinary business activities, and do not normally include notes receivable and advances to officers and employees, which are classified separately.

Trade Receivables Include Notes Receivable and Advances to Officers and Employees