Question: Notes Receivable differ from Accounts Receivable in that Notes Receivable: A) are generally considered a weaker legal claim B) generally charge interest from the day

Notes Receivable differ from Accounts Receivable in that Notes Receivable:

A) are generally considered a weaker legal claim

B) generally charge interest from the day they are signed to the day they are collected

C) are noncurrent assets

D) do not have to be created for every new transaction, so they are used more frequently

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