Explain how notes receivable and accounts receivable are the same and how they are different.

Question:

Explain how notes receivable and are the same and how they are different.
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...