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13 December, 12:14

Q 8.1: what are notes or accounts receivable that result from sales transactions often called?

a. trade receivables

b. sales receivables

c. merchandise receivables

d. nontrade receivables

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Answers (1)
  1. 13 December, 15:23
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    What are notes or accounts receivable that result from sales transactions often called? Trade receivables.

    A trade receivable is the amount billed to a customer when another company delivers olds or services to them for business use. They are documented in accounts receivable and given as an invoice for the customer to pay the delivering party.
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