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Question
the green tree nursing facility possesses a note receivable in the amount of $12,000. the note will not be paid until mrs. jones estate is settled, and her attorneys have informed green trees accountant that payment cannot be expected before, at the earliest, eighteen months from now. consequently the accountant will record this note receivable as a:
a. current, or short-term asset
b. long term asset
c. long term liability
d. none of the above
Answer
This answer is hidden. It contains 1 characters.
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