Examlex
Due to migration chains:
Note Receivable
A financial asset representing a written promise for the future receipt of cash, indicating that one party owes another party a specific sum.
Settlement
The process of concluding a transaction or dispute by all parties involved agreeing to terms, often involving the payment of funds.
Promissory Notes
Written promises to pay a specified sum of money to a named party on demand or at a determined future date.
Carrying Amount
The book value of assets and liabilities reported on the balance sheet, calculated as the original cost less any depreciation, amortization, or impairment costs.
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