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When the maker promises to repay the note in specified installments,the note is a(n) :
Equipment
Tangible assets used in the operation of a business that have a useful life beyond a single accounting period.
Classified Balance Sheet
A balance sheet that organizes assets and liabilities into subcategories for more detailed and informative reporting.
Store Equipment
Fixed assets owned by a retail business, used in the operation and display of merchandise.
Current Liabilities
Financial responsibilities that must be settled within a year or during the regular course of a business's operational cycle.
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