Examples of Companies That Use Notes Receivable. Notes receivable is an bookkeeping account used to track debt and payments from borrowers. When a small business lends money, goods or merchandise ...

For example, a company may give a ... Bad debts represents amounts that a company believes it may not collect form customers due to temporary monetary problems or bankruptcy. Notes receivable are ...

Accounts payable is an account within the general ledger representing a company's obligation to pay off a short-term obligations to its creditors or suppliers.