Notes Receivable in a sentence
Synonym: assets, receivables. Antonym: notes payable
Meaning: Amounts a company expects to receive from debtors.
(1) The notes receivable account is reconciled monthly to ensure accuracy.
(2) The bank required collateral for the notes receivable to minimize risk.
(3) The notes receivable account is audited annually to verify its accuracy.
(4) The notes receivable are an important source of cash flow for the company.
(5) The company's balance sheet shows a significant amount of notes receivable.
(6) The company's financial statements include a line item for notes receivable.
(7) The company has a strong track record of collecting on its notes receivable.
(8) The accountant spent hours reviewing the notes receivable to ensure accuracy.
(9) The company actively manages its notes receivable to ensure timely collection.
(10) The notes receivable account is closely monitored by the company's management.
Notes Receivable sentence
(11) The company has a diverse portfolio of notes receivable from various customers.
(12) The company offers favorable terms on its notes receivable to attract customers.
(13) The notes receivable are recorded at their present value on the company's books.
(14) The notes receivable are backed by collateral in certain cases to mitigate risk.
(15) The notes receivable are an important component of the company's working capital.
(16) The notes receivable are an important indicator of the company's financial health.
(17) The company has established a reserve for potential losses on its notes receivable.
(18) The company has a history of selling its notes receivable to third-party investors.
(19) The company has a dedicated team responsible for collecting on its notes receivable.
(20) The notes receivable are classified as current assets on the company's balance sheet.
Notes Receivable make sentence
(21) The notes receivable are recorded at their face value on the company's balance sheet.
(22) The company has a system in place to track the maturity dates of its notes receivable.
(23) The notes receivable are an integral part of the company's overall financial strategy.
(24) The notes receivable account represents funds owed to the company from promissory notes.
(25) The company has a policy of discounting its notes receivable to accelerate cash inflows.
(26) The company decided to sell some of their notes receivable to improve their cash position.
(27) The company has a collection agency that assists in recovering delinquent notes receivable.
(28) The company's balance sheet showed a significant increase in notes receivable this quarter.
(29) The notes receivable account is reported as a noncurrent asset on the company's balance sheet.
(30) The company's cash flow was impacted by the delay in receiving payment on the notes receivable.
Sentence of notes receivable
(31) The notes receivable are subject to interest charges based on the terms of the promissory notes.
(32) The company's financial statements showed a decrease in notes receivable from the previous year.
(33) The notes receivable were sold to a third-party investor to improve the company's cash position.
(34) The bank approved the loan application based on the company's strong notes receivable portfolio.
(35) The company provides detailed disclosures about its notes receivable in its financial statements.
(36) The notes receivable were due in six months, providing a steady stream of income for the company.
(37) The company's cash flow was impacted by the delay in receiving payments on their notes receivable.
(38) The auditor questioned the validity of the notes receivable and requested additional documentation.
(39) The notes receivable were secured by the borrower's assets, providing added security for the lender.
(40) The auditor requested to see the documentation for all notes receivable during the financial review.
Notes Receivable meaningful sentence
(41) The CFO presented a report on the aging of the company's notes receivable to the board of directors.
(42) The accountant reminded the business owner to keep track of all notes receivable and their due dates.
(43) The company's credit rating was impacted by the high level of notes receivable on their balance sheet.
(44) The company has a policy of reviewing the creditworthiness of borrowers before issuing notes receivable.
(45) The company's notes receivable were secured by collateral, providing additional protection for the lender.
(46) The company's notes receivable were a key factor in securing a favorable credit rating from the rating agency.
(47) The accountant advised the company to write off any uncollectible notes receivable to avoid overstating their assets.
Notes Receivable meaning
Notes receivable is a term commonly used in accounting and finance to refer to a written promise to receive a specific amount of money on a future date. It represents an asset for the entity that holds it, as it represents a claim to receive cash in the future. In this article, we will explore various tips on how to use the term "notes receivable" in a sentence effectively.
1. Define the term: When introducing the term "notes receivable" in a sentence, it is essential to provide a clear definition to ensure the reader understands its meaning.
For example, "Notes receivable refers to written promises to receive a specific amount of money on a future date."
2. Contextualize the usage: To make the sentence more meaningful, it is crucial to provide context for the term. This can be done by mentioning the industry or the specific situation in which notes receivable are relevant. For instance, "In the banking sector, notes receivable play a vital role in providing loans to customers."
3. Use it in a sentence: Once the term is defined and contextualized, it is time to incorporate it into a sentence. Here are a few examples: - "The company's balance sheet shows a significant increase in notes receivable, indicating a rise in loan activity." - "The business owner decided to convert the accounts receivable into notes receivable to provide more flexibility in collecting payments." - "The financial institution carefully evaluates the creditworthiness of borrowers before issuing notes receivable."
4. Explain the purpose: Elaborating on the purpose of notes receivable can enhance the sentence's clarity. This can be achieved by highlighting the benefits or objectives of using this financial instrument. For instance: - "By issuing notes receivable, the company can generate additional income through interest payments." - "Notes receivable allow businesses to extend credit to customers while ensuring a formal agreement is in place."
5. Provide examples: Including examples in the sentence can help illustrate the concept of notes receivable further. This can be done by mentioning specific scenarios or transactions involving this financial instrument. For example: - "The company recorded a $10,000 notes receivable from a customer who purchased goods on credit." - "The bank issued a 5-year note receivable to a borrower, with an interest rate of 6% per annum."
6. Use it in a question: Incorporating the term "notes receivable" in a question can engage the reader and encourage further understanding. For instance: - "How does the recognition of notes receivable impact a company's financial statements?" - "What are the key differences between accounts receivable and notes receivable?"
7. Compare and contrast: Drawing comparisons or highlighting differences between notes receivable and other related terms can provide a comprehensive understanding. For example: - "Unlike accounts receivable, which represent short-term credit sales, notes receivable typically involve longer-term repayment periods." - "While accounts receivable are usually unsecured, notes receivable often require collateral to secure the repayment."
In conclusion, effectively using the term "notes receivable" in a sentence requires providing a clear definition, contextualizing its usage, explaining its purpose, providing examples, and incorporating it in questions or comparisons. By following these tips, you can enhance your writing and communication skills when discussing this specific financial term.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Notes Receivable. They do not represent the opinions of TranslateEN.com.