Examples of Companies That Use Notes Receivable. Notes receivable is an bookkeeping account used to track debt and payments from borrowers.

Notes receivable serve the business organization as income assets, in the form of an interest-economic benefit that is earned by the business payee for the loaning the principal to the recipient.

Interest revenue is calculated and recorded separately of interest receivable. A note generally creates interest income even though the interest has yet to be paid in cash by the borrower.

Bluegreen Extends and Expands $250.0 Million VOI Notes Receivable Purchase Facility October 03, 2022 04:05 PM Eastern Daylight Time ...

In consideration for the early payment from InterAct911, BIO-key accepted a $150,000 discount on the principal amount due on the Note Receivable and our Secured Promissory Note holders have agreed ...