What is Notes Receivable? (Intermediate Accounting I #8)

Notes receivable is an asset account that arises within many companies from loaning cash. We'll show how it's an asset and what the asset's key characteristics are. In the next video we'll move into how to recognize the asset and journalize interest income.
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[@MandyM4]

this is so good! thank you!! i will cont to use your videos

[@Akashascosset]

I remember the quote from a Rage Against The Machine song. I'd like to know the book though.

[@forourlightafflictionwhich6470]

Is interest receivable a asset

[@forourlightafflictionwhich6470]

Notepirate ok when do i deal with allowance for doubtful or undoubtful accounts