Accounts receivables are listed on the balance sheet as a current asset.
difference between notes receivable and account receivables - :
Note receivable is a written promissory note extending credit to the other party, receivable in the future at a specified date along with interest.
while account receivable is the money owed by customers for purchasing goods or services on credit
Notes receivable can be either a current asset or a non-current asset. If it matures within one year period, it is a current assets.
Accounts receivable is a current asset since the amount is generally payable within one year of sale of goods and services.
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