Question: Question) A dishonoured note receivable that is eventually expected to be collected should be a) written off as an uncollectible by the payee b) transfered
Question) A dishonoured note receivable that is eventually expected to be collected should be
a) written off as an uncollectible by the payee
b) transfered to an accounts receivable by the payee
c) carried in the payee's accounting records as long term asset
d) presented in the financial statements under the heading" dishonoured notes"
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