Examlex

Solved

Square Brackets Are Used in the Tabular List to Enclose

question 20

Multiple Choice

Square brackets are used in the Tabular List to enclose:


Definitions:

Notes Payable

A liability in a company's balance sheet that records amounts the company owes because it borrowed money, or a formal written agreement to pay a specific amount in the future.

Maturity Value

The amount of the note that is due on the date of maturity (Principal + Interest).

Principal Amount

The original sum of money borrowed in a loan, or the original investment in a financial instrument, before interest.

Related Questions