| AB |
The date a note is signed is called the _______.
You are watching: The amount of the promissory note plus the interest earned on the due date is called the:
issue date |
| The ________ of audit requires that amounts be report on the jae won statements in a way that is the very least likely to overstate income or assets. | conservatism principle |
| The ______ is the principal plus the attention that should be paid once the keep in mind becomes due. | maturity value |
| A(n) ________ is a gaue won document, such together a check, that transfers ownership from one human to another. | negotiable instrument |
| The length of time between the worry date of a note and the date the keep in mind becomes early is referred to as its ________. | term |
| A(n) _______ is a financial institution charge made on the endorser because that a discounted keep in mind that is dishonored. | protest fee |
| The due date or the day on which a note need to be payment is its ________. | maturity date |
| _______ is the amount composed on the former of a note. | face value |
| A written covenant to pay a details sum of money on demand or on a particular date is referred to as a(n) ______. | promissory note |
| The ________ is the lot of interest expressed as a portion of the principal. | interest rate |
| The _____ is the quantity of money gift borrowed. | principal |
| With the ________, revenue is report in the duration when the is earned and expenses room reported in the duration in which they space incurred. | accrual communication of accounting |
| The human being or company promising come repay the principal and interest is dubbed the ________ that the note. | maker |
| A promissory note welcomed by a person or company is dubbed a(n) _______. | note receivable |
| ____ is revenue that has actually been earned yet not however received. | accrued revenue |
| The human being or company to who a note is payable is dubbed the _______. | payee |
| A(n) _______ is an order by one party come a 2nd party to salary a certain sum of money come a 3rd party. | draft |
| _______ is a fee charged because that the usage of money. | interest |
| If a service or person stops working to salary or renew a keep in mind when it i do not care due, the keep in mind is dubbed a(n) _______. | dishonored note |
| A(n) ____ is special type of breeze that outcomes from the sale of merchandise; that is accounted for as a keep in mind receivable. | trade acceptance |
| Notes the a service sells to the financial institution for cash rather than holding them until they become due are referred to as _________. | discounted notes receivable |
| The ________ is the interest charge the financial institution deducts in development for a note. | bank discount |
| The ______ is the amount of cash in reality received as soon as a company discounts a note receivable. | proceeds |
| The number of days between the date a note is sold to the bank and also the day the keep in mind becomes early out is the ________. | discount period |
A(n) ______ is the duty assumed by the endorser to salary a discounted note at maturity if the an equipment does not.
See more: Isomers Have The Same Physical Properties Because The Chemical Formulas Are Identical.
| contingent liability |
| A note that needs the principal plus interest to be repaid in ~ maturity is called a(n) ________. | interest-bearing note |
