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8. Presented below are various receivable transactions entered into by Renner Tool Company. Indicate whether...

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8. Presented below are various receivable transactions entered into by Renner Tool Company. Indicate whether the receivables are reported as accounts receivable, notes receivable, or other receivables on the balance sheet. a Advanced $1,000 to a trusted employee. b. Accepted a $2,000 promissory note from a customer as payment on account. c. Determined that a $10,000 income tax refund is due from the IRS d. Sold goods to a customer on account for S5,000. e. Recorded S500 accrued interest on a note receivable due next year. f. Loaned a company officer $4,000

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