Question: Please answer the following multiple-choice IB MC Qu. 5-157 (Static) A note receivable is reported in... A note receivable is reported in the balance sheet:

Please answer the following multiple-choice

IB MC Qu. 5-157 (Static) A note receivable is reported in... A note receivable is reported in the balance sheet: Multiple Choice As elther a current asset or long-term asset depending on the expected collection date. Aiways as a current asset. As a contra asset. Always os a long-term asset

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