Question: Given the descriptions below, which are true regarding notes receivable? Multiple select question. Another name for a note receivable is a promissory note. Notes receivable

Given the descriptions below, which are true regarding notes receivable? Multiple select question. Another name for a note receivable is a promissory note. Notes receivable is classified as an asset. Notes receivable is classified as a liability. It is the promise of another entity to pay a specific sum of money on a specified future date

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