Question

Countryside Corporation is owed $11,890 from a customer for landscaping. The account is overdue and the customer is having difficulty paying. Countryside might ask the customer to sign a note for the unpaid amount to:

A) decrease its net income for tax reporting purposes.

B) strengthen Countryside Corporation's legal right to be repaid with interest.

C) reduce its tax liability.

D) eliminate any doubts of collection of the amount due.

Answer

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