Identify the Following Terms

question 24

Short Answer

Identify the following terms.
-Vishnu and Siva

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Definitions:

Time Extension

An additional period of time given to complete a task or fulfill an obligation that extends beyond the original deadline.

Charge Customer

To bill a customer for goods or services provided, creating an obligation for payment.

Accrued Interest

Interest that has been earned but not yet received or recorded in the accounts.

Note Receivable

A written promise or obligation for the payment of a certain sum of money to the holder on demand or at a specified future date.