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If a supervisor can successfully get an employee to accept responsibility for carrying out a task, then the
Installment Accounts Receivable
Money owed to a company for goods or services purchased on a payment plan, typically including interest charges.
Aging of Accounts Receivable
A report or process that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding.
Promissory Note
A written promise to pay a specified sum of money to a certain entity at a specified date or on demand.
Maturity Date
The date on which a financial obligation must be repaid in full.
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