General motors company has accounts receivable and notes, Accounting Basics

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General motors company has accounts receivable and notes

Question: 1. Mendosa Company dishonors a note at maturity. What are the options available to the lender?

2. General Motors Company has accounts receivable and notes receivable. How should the receivables be reported on the balance sheet?

3. What are the steps to good receivables management?

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Accounting Basics: General motors company has accounts receivable and notes

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Accounting Basics: General motors company has accounts receivable and notes

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