Examlex
Draw this structure.
Interest Income
The revenue earned from deposit accounts or investments through the receipt of interest payments.
Fair Value Option
An accounting strategy that allows companies to measure and report certain financial assets and liabilities at their fair values.
Long-term Notes Receivable
Loans or credit extended to others that are not expected to be repaid within the next twelve months, reported as long-term assets on the balance sheet.
Fair Value
The price that would be received for selling an asset or paid for transferring a liability in an orderly transaction between market participants at the measurement date.
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