$||||||||||||||||||||$i$|$im

$22$ of $29$ Concepts completed

$($i$)$

Multiple Choice Question

Where is a note receivable reported in the balance sheet?

$$ In either current or noncurrent assets, as appropriate.

$$ In noncurrent liabilities until paid.

$$ In noncurrrent assets.

$$ In current assets.

$$ In either current or noncurrent liabilities, as appropriate.