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

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

(a)

Advanced $10,000 to an employee.

select an account title

Presented below are three receivables transactions. Indicate whether these receivables are reported Accounts ReceivableNotes ReceivableOther Receivables

(b)

Received a promissory note of $34,000 for services performed.

select an account title

as accounts receivable, notes receivable, or other receivables on a balance sheet. Accounts ReceivableNotes ReceivableOther Receivables

(c)

Sold merchandise on account for $60,000 to a customer.

select an account title

(a) Advanced $10,000 to an employee. select an account title Accounts ReceivableNotes Accounts ReceivableNotes ReceivableOther Receivables

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