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In Merf's April 30,2011,balance sheet, a note receivable was reported as a noncurrent asset and the related accured interest for eight months was...

In Merf's April 30,2011,balance sheet, a note receivable was reported as a noncurrent asset and the related accured interest for eight months was reported as a current asset.Which of the following descriptions would fit Merf's receivable classification?

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