Question: Why do businesses sometimes accept notes receivable from customers? O The note receivable provides greater legal protection than an account receivable. The customer is unable
Why do businesses sometimes accept notes receivable from customers? O The note receivable provides greater legal protection than an account receivable. The customer is unable to pay the accounts receivable but is willing to provide a note with greater protection and an interest payment. Accepting the note is a viable alternative to writing the account off as uncollectible OFAll of the above is correct
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