A note is a form of debt. If the note is due within a year, it's a short-term debt; otherwise, it's classified as long term. If you lend money in the form of a note, you usually have the debtor sign a ...

Notes receivable is an bookkeeping account used to track debt and payments from borrowers. When a small business lends money, goods or merchandise to an individual, it expects repayment. For many ...

Companies often extend credit to other businesses in the form of a note, or a short-term loan. Most notes pay a stated rate of interest, resulting in interest revenue that the lender must record at ...