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    askLloydathome's Avatar
    askLloydathome Posts: 2, Reputation: 1
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    #1

    Sep 30, 2010, 07:54 AM
    Note receivable,debit or credit?
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    pready Posts: 3,197, Reputation: 207
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    #2

    Sep 30, 2010, 10:33 AM

    Note Receivable is a note, were someone agrees to pay you a certain amount of money plus interest over a certain length of timee, so it is an asset, which means it has a normal Debit balance.
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