waggingtailpups waggingtailpups

25-05-2016
Business

contestada

James borrowed $550 from Tracy. James promised in writing that he would repay the money to Tracy on May 13, 2013. At the time of the loan, Tracy recorded the transaction as a/an

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andriansp andriansp

01-06-2016

In that case, at the time of the loan, Tracy recorded the transaction a Notes Receivable.

Since james has promised the loan in writing, Tracy gains a legal power to held James accountable in the future. Since Tracy the one that lend the money, that transaction is viewed as a receivable

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taflah22 taflah22

31-07-2018

the answer is a accounts receivable.

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