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13 votes
The Loan Payable account is a/an

a. Asset
b. Liability
c. Revenue
d. Expense

Note Receivable is a/an
a. Asset
b. Liability
c. Revenue
d. Expense

User Icepicker
by
5.4k points

1 Answer

5 votes
Loan Payable - Liability
Note Receivable - Asset
User Stackit
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