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Which of the following is included in the category of other receivables?

(a) investments
(b) notes receivable
(c) accounts receivable
(d) interest receivable

1 Answer

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Final answer:

The correct answer is (d) interest receivable.

Step-by-step explanation:

The correct answer is (d) interest receivable. Other receivables are amounts due to a company that do not fit under the categories of accounts receivable, notes receivable, or investments.

Accounts receivable are amounts owed to a company by its customers for goods or services provided on credit. Notes receivable are written promises to pay a specific amount of money on a specific future date. Investments are assets acquired by a company for the purpose of generating a return.

Interest receivable, on the other hand, represents interest income that a company has earned but has not yet received from its debtors.

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