Notes Receivable | Financial Accounting Course | CPA Exam FAR ch 7 p4

Описание к видео Notes Receivable | Financial Accounting Course | CPA Exam FAR ch 7 p4

In this video, I explain accounting for notes receivable. The notes receivable is an account on the balance sheet usually under the current assets section if its life is less than a year.
Notes receivable are written promissory notes that give the holder, or bearer, the right to receive the amount outlined in an agreement.
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