Q 8.41:Why are Short-Term Receivables listed after Short-Term Investments on a classified balance sheet?

Q 8.41:Why are Short-Term Receivables listed after Short-Term Investments on a classified balance sheet?

• A  : 
• because Short-Term Receivables are more risky than Short-Term Investments 
• B  : 
• because Short-Term Receivables are more liquid than Short-Term Investments 
• C  : 
• because Short-Term Receivables are less liquid than Short-Term Investments 
• D  : 
• because Short-Term Receivables are less risky than Short-Term Investments 

Q 8.41:Walker Inc. wrote Brown Inc. a promissory note that it later dishonored. The total amount due on the note is $7,750. When recording the dishonor of the note, Brown should

A  : 

record a debit of $7,750 plus interest to Accounts Receivable if it expects eventual repayment or a $7,750 credit to Allowance for Doubtful Accounts if it does not expect repayment. 

B  : 

record a credit of $7,750 plus interest to Accounts Receivable if it expects eventual repayment or a $7,750 credit to Allowance for Doubtful Accounts if it does not expect repayment. 

C  : 

record a debit of $7,750 plus interest to Accounts Receivable if it expects eventual repayment or a $7,750 debit to Allowance for Doubtful Accounts if it does not expect repayment. 

D  : 

record a credit of $7,750 plus interest to Accounts Receivable if it expects eventual repayment or a $7,750 debit to Allowance for Doubtful Accounts if it does not expect repayment. 

Q 8.41:On November 1

st

, Moth Inc. writes Butterfly Corp. a $7,500, 5-month, 12% promissory note to settle an account. On the same date, Butterfly records a $7,875 debit to Notes Receivable, a $375 credit to Interest Revenue, and a $7,500 credit to Accounts Receivable in its books. In this scenario,

• A  : 
• Butterfly's assets will be understated because it improperly included the interest revenue when first recording the note. 
• B  : 
• Butterfly's revenues will be understated because it improperly included the interest revenue when first recording the note. 
• C  : 

Butterfly's net income will be overstated because it improperly included the interest revenue when first recording the note. 

D  : 

• Butterfly's revenues will be accurate because it properly included the interest revenue when first recording the note. 

those 3 questions give me hard time can you please give me the answer with explanation?