Examlex
The largest annual supply of external funds for business corporations comes from issuance of which one of the following sources?
Promissory Note
A financial instrument in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand.
Credit Card Sales
Transactions where customers use credit cards to purchase goods or services, requiring merchants to process payments through a credit card network.
Direct Write-Off Method
An accounting method where uncollectible debts are charged directly to expense as they are identified.
Trade Receivables
The total amount of money owed to a company by its customers for goods or services delivered on credit.
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