The Maturity Date Of A Note Receivable Quizlet

View the full answer. Note receivable study guide by kelcee_denofrio includes 7 questions covering vocabulary, terms and more. Quizlet flashcards, activities and games help you improve your grades. A monetary claim against a business or an individual.

Creditor (receives the receivable asset) debtor. Party to a credit transaction who takes on an obligation/payable. 3 major types of receivables. Accounts receivable, notes receivable, other receivables. The maturity date of a note receivable: Is the day of the credit sale. Is the day the note was signed. Is the day the note is due to be repaid. The maturity date of a note receivable:

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