Examlex
Identify and state the historical significance of the following:
-Nelson W.Aldrich
Liability Account
An accounting record of amounts owed by a business to creditors, typically categorized as current or long-term liabilities.
Bank Service Charge
Fees charged by banks for handling specific types of transactions, account maintenance, or services rendered.
Note Receivable
A written promise that requires one party to pay a specified sum of money to another party on a set date or on demand.
Depositor's Account
A financial account held at a bank or financial institution, into which a depositor can deposit and withdraw money.
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