Question: On December 3 1 , 2 0 2 3 , Sandy Company has a Note Receivable of $ 8 , 0 0 0 . The
On December Sandy Company has a Note Receivable of $ The note will be collected in instaliments. $ is due on December and $ is due every yer ater Decenber The classification of the note on Sandy Company's balance sheet at December is:
A $ is a current asset and $ is a long term asset.
B al $ is a current asset.
C all $ is a long term asset.
D $ is a curreet asset and $ is a long term asset.
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