Examlex
Which of the following sentences contains the strongest and most effective wording?
Note Receivable
A written promise that a certain amount of money will be paid at a future date, representing an asset for the holder.
Interest Revenue
Income earned by an entity from lending money or through investments in interest-bearing assets.
Deferred Revenue
Deferred Revenue is income a company has received for goods or services that have yet to be delivered or performed, recorded as a liability on the balance sheet.
Service Revenue
Income earned by a company through providing services as opposed to selling physical goods.
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