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What is accounts receivable? What is notes receivable and how are they different than accounts receivable?...

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Accounting

What is accounts receivable? What is notes receivable and howare they different than accounts receivable? How do creditorsdecide to extend credit to their customers? What processes docredit managers use to evaluate new customers? Now explain theallowance for doubtful accounts and provide examples.

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when you sell goods on credit basis to borrower then the money you are going to be received in future is called as accounts receivable When you given or taken funds to any external party you will provided a    See Answer
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\table[[Account Title,Debit,Credit],[Cash,$18,000,],[Supplies,11,800,],[Prepaid insurance,2,000,],[Equipment,23,000,],[Accumulated depreciation-Equipment,,$6,500 \table[[Number,Account Title,Debit,Credit],[101,Cash,$18,000,],[126,Supplies,11,800,],[128,Prepaid insurance,2,000,],[167,Equipment,23,000,],[168,Accumulated depreciation-Equipment,,$ 6,500],[307,Common stock,,1,582],[318,Retained earnings,,41,600],[319,Dividends,6,000,],[403,Services revenue,,47,760],[612,Depreciation...

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