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Home Q & A Board Other Fields Homework Help Business Accounting
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Fast2F Fast2F
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6 years ago
An advantage of a promissory note receivable over an account receivable is that it:
A) has a specified interest rate and maturity date.
B) establishes formal proof against the borrower.
C) collects interest revenue from the borrower.
D) All of these answers are correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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6 years ago
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Fast2F Author
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#2
6 years ago
I’m very happy now Smiling Face with Open Mouth Thank you for the answe
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