Question: CALCULATOR M Brief Exercise 8-1 Presented below are three receivables transactions Indicate whether these receivables are reported as accounts receivable, notes receivable, or (a) Advanced

CALCULATOR M Brief Exercise 8-1 Presented below are three receivables transactions

CALCULATOR M Brief Exercise 8-1 Presented below are three receivables transactions Indicate whether these receivables are reported as accounts receivable, notes receivable, or (a) Advanced $10,000 to an employee. (b) Received a promissory note of $34,000 for services performed (c) Sold merchandise on account for $60,000 to a customer other receivable SHOW L?ST OF ACCOUNTS

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