Match the Terms with the Definitions

question 16

Multiple Choice

Match the terms with the definitions.
-The principal of the note plus interest.

• A)accrued interest on notes payable
• B)time
• C)proceeds (note receivable)
• D)principal of the note
• E)notes payable register
• F)credit advice
• G)maturity value
• H)discounting a note receivable
• I)dishonored
• J)effective rate
• K)promissory note
• L)maker

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Definitions:

Net Working Capital

The difference between a company's current assets and current liabilities, indicating its short-term financial health and liquidity.

Cash Receipts

The total amount of money received by a company during a given period, from its various sources of income including sales, interest, dividends, and other revenues.

Accounting Sales

Refers to the revenue generated from the sale of goods or services, recognized in the financial statements of a company.

Project Analysis

The process of examining the feasibility and potential return on investment of a project before committing resources.