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. b. C. Advanced $10,000 to an employee. Received a promissory note of $34,000 for services performed. Sold merchandise on account for $60,000 to a customer. Quest Account Quest Account Quest Account Quest Account

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