What is the difference between Notes Receivable and Accounts Receivable?

A very integral aspect of a smooth functioning business is the maintenance of liquidity. Accounts Receivable has been a very common subject for many dealing in various aspects of financial accounts, but there are different other kinds of receivables having significant importance. Notes receivable is one such type that is used for multiple purposes holding… Continue reading What is the difference between Notes Receivable and Accounts Receivable?