Examlex
Small volcanoes that form when frothy magma is ejected under high pressure from a narrow vent is called a _________________.
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.
Interest Receivable
The revenue from interest that has been earned but not yet received, recorded as an asset on the balance sheet.
Discounts Own Note
A transaction where a business discounts or reduces the value of its own promissory note, often to raise short-term capital.
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