Match the item with the type of receivable:
an answer may be used once, more than once or not at all.

a. Loans to employees
b. A company sold inventory with terms 2/10, n/30
c. A company loaned money to be repaid in one year with 10% interest.
d. A company is owed money from the internal revenue service and recorded an Income tax receivable

The question given is incomplete because it did not provide the answer choices. I got the complete question from google as below:

Match the item with the type of receivable:

an answer may be used once, more than once or not at all.  

a. Loans to employees

b. A company sold inventory with terms 2/10, n/30

c. A company loaned money to be repaid in one year with 10% interest.

d. A company is owed money from the internal revenue service and recorded an Income tax receivable.

Answer choices:

i. Note receivable

ii. Account receivable

iii. Other receivable

a. Loan to employees - other receivable.

b. Sold Inventory - account receivable.

c. Loan money to be repaid in one year - note receivable.

d. Money owed from Internal Revenue Service - other receivable

Explanation:

a) Loan to employees:  It should be categorized as other receivable because it is not associated with the definitions of accounts receivable and notes receivable.

b) Sold Inventory: It should be categorized as account receivable because when goods are sold on credit, they generate accounts receivable.

c) Loan money to be repaid in one year: It should be categorized as a note receivable. A short term loan bearing interest is referred to as a note receivable.

d) Money owed from Internal Revenue Service: It should be categorized as other receivable because it is not associated with the definitions of accounts receivable and notes receivable.

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