A Formal Promise to Pay (In the Form of a Promissory

question 58

Multiple Choice

A formal promise to pay (in the form of a promissory note) a future amount is a(n) :

• A) Unearned revenue.
• B) Prepaid expense.
• C) Credit account.
• D) Note payable.
• E) Account receivable.

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Definitions:

Diethylstilbestrol

A synthetic estrogen that was prescribed to pregnant women to prevent miscarriages and premature labor, later found to cause significant health issues.

Blastocyst

A stage of early embryonic development in mammals; it is a structure formed about five days after fertilization, consisting of an inner cell mass, a fluid-filled cavity, and an outer layer of trophoblast cells.

Placenta

During pregnancy, an organ arises in the uterus, serving to deliver essential nutrients and oxygen to the developing baby, as well as clearing out the baby’s metabolic waste.

Endoderm

The innermost layer of cells or tissue of an embryo in early development that gives rise to the lining of the digestive and respiratory systems.