Notes Receivable Is a Liability Account

question 99

True/False

Notes receivable is a liability account.

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Definitions:

E-mail

A method of sending messages electronically from one computer user to one or more recipients via a network.

Written

Materials that are expressed in writing as opposed to being verbal, involving various forms of documentation, communication, and record-keeping.

Office

A room or set of rooms where business, clerical, or professional activities are conducted.