Question: P6.9 ( LO4 ) (Comprehensive Receivables Problem) Braddock Inc. had the following long-term receivable account balances at December 31,2024. Note receivable from sale of division

 P6.9 ( LO4 ) (Comprehensive Receivables Problem) Braddock Inc. had the

P6.9 ( LO4 ) (Comprehensive Receivables Problem) Braddock Inc. had the following long-term receivable account balances at December 31,2024. Note receivable from sale of division $1,500,000 Note receivable from officer 400,000 Transactions during 2025 and other information relating to Braddock's long-term receivables were as follows. the note installments is reasonably assured. The quoted market price of Braddock's common stock was $45 per share on December 31, 2025. receivable from Pennsylvania is reasonably assured. assured. Instructions a. Prepare the long-term receivables section of Braddock's balance sheet at December 31, 2025. P6.9 ( LO4 ) (Comprehensive Receivables Problem) Braddock Inc. had the following long-term receivable account balances at December 31,2024. Note receivable from sale of division $1,500,000 Note receivable from officer 400,000 Transactions during 2025 and other information relating to Braddock's long-term receivables were as follows. the note installments is reasonably assured. The quoted market price of Braddock's common stock was $45 per share on December 31, 2025. receivable from Pennsylvania is reasonably assured. assured. Instructions a. Prepare the long-term receivables section of Braddock's balance sheet at December 31, 2025

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