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AR Promissory Notes Receivable

 
 
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      02-12-2012, 12:06 AM
In regards to AR Promissory Notes, if it is a Long Term Note (Principal Due > 1 Year), but interest is due monthly, should the Interest Receivable be classified as Short Term Or Long Term?

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      02-12-2012, 12:19 AM
short term
 
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