Examlex
Which of the following is correctly associated with sponges?
Note Dated
Indicates the specific date on which a note payable, receivable, or other legal financial document becomes effective.
Promissory Note
A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
Accounts Receivable
Amounts owed to a business by its customers from sales or services rendered on credit that are expected to be collected in cash.
Notes Receivable
Financial assets representing amounts owed to the holder by individuals or entities, usually evidenced by formal instruments of credit.
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