Examlex
Which of the following is true regarding long-term variable pay?
Accrued Interest
Interest on loans or bonds that has accumulated but not yet been paid.
Note Receivable
An asset account representing amounts owed to a company by customers or others who have signed promissory notes in favor of the company.
Interest Income
Revenue earned by lending funds or through investment securities that pay interest.
Accrued Interest
Interest that has accumulated over a period but has not yet been paid or received.
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