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-   -   Note receivable,debit or credit? (https://www.askmehelpdesk.com/showthread.php?t=512299)

  • Sep 30, 2010, 07:54 AM
    askLloydathome
    Note receivable,debit or credit?
  • Sep 30, 2010, 10:33 AM
    pready

    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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