Question: Presented below are 3 receivables transactions. Indicate whether these receivables are reported as accounts receivable, notes receivable, or other receivables on a balance sheet. a)

Presented below are 3 receivables transactions. Indicate whether these receivables are reported as accounts receivable, notes receivable, or other receivables on a balance sheet. a) Advance $10,000 to an employee b) Receive a promissory note of $34,000 for services performed. c) Sold merchandise on account for $60,000 to a customer

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