Why will a company take a note receivable from a customer in settlement of a late account

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Why will a company take a note receivable from a customer in settlement of a late account receivable?

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Accounting Principles Part 2

ISBN: 978-1118306796

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 30, 2017 12:07 PM

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Why will a company take a note receivable from a customer in settlement of a late account

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Accounting Principles Part 2

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