Notes receivable are used for ______. (Check all that apply.) Multiple select question. lending money to individuals or businesses recording bad debt expense extending payment periods purchasing property, plant, and equipment selling large dollar-value items

Respuesta :

Answer: Selling large dollar-value items

Lending money to individuals or businesses

Extending payment periods

Explanation:

A note receivable is a written order to pay a certain sum of money to another client on one or more upcoming events.

What is the use of notes receivable?

Notes receivable is a financial account used to monitor borrowers' debt and payments. A small company expects payback when it lends money, goods, or equipment to an individual. The business will keep the information under receivable accounts for numerous types of loans.

Thus  Option A, C, and E are examples in which note receivable is used.

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