A note receivable represents an oral promise that a customer will pay a fixed amount of money and interest by a certain date in the future.

Name: A note receivable represents an oral promise that a customer will pay a fixed amount of money and interest by a certain date in the future.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A note receivable represents a written promise that a customer will pay a fixed amount of money and interest by a certain date in the future.

A Note Receivable Represents an Oral Promise That a Customer