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Interest-Bearing Note
A debt instrument that pays interest to the holder at a fixed or variable rate over time until its maturity.
Journal Entry
A record in accounting that documents a business transaction in the ledger, consisting of the debits and credits that impact various accounts.
Adjusting Entry
An accounting journal entry made at the end of an accounting period to allocate income and expenditure to the appropriate period.
Interest-Bearing Note
A debt instrument that pays interest to the holder at a specified rate over the life of the note until its maturity.
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