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Which of the following is not a disadvantage associated with seed banks?
Interest Receivable
The revenue from interest that has been earned but not yet received, recorded as an asset on the balance sheet.
Discounts Own Note
A transaction where a business discounts or reduces the value of its own promissory note, often to raise short-term capital.
Notes Payable
Written promises to pay a specified sum of money, typically to a lender, by a certain date.
Financial Statement
A formal record of the financial activities and position of a business, person, or other entity, typically including the balance sheet, income statement, and cash flow statement.
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