What is the difference between an account receivable and a note receivable?

Question:

Receivables:

Receivables include monies due from customers, but they may be listed on the balance sheet as accounts receivable or a note receivable. Each receivable type has different characteristics.

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Receivables Management: Definition & Purpose

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Chapter 7 / Lesson 4

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Explore the impact of receivables management. Learn the definition of receivables management, understand its purpose, and see examples of it in action.

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What is the difference between an account receivable and a note receivable?

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Receivables:

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