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nicole castro
on Nov 12, 2024

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Notes Receivable and Accounts Receivable can also be called trade receivables.

Notes Receivable

Claims or obligations due to a business from others, payable within a specified time period, often with interest.

Accounts Receivable

Money owed to a business by customers for products or services provided on credit.

Trade Receivables

Amounts owed to a business by its customers arising from the sale of goods or services on credit.

  • Identify the differences between trade receivables and nontrade receivables.
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Courtney DwyerNov 19, 2024
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