Examlex
Thought to be one of the oldest systems of healing, ________ originated in, and remains widely practiced in, India.In this healing system, life is seen as an interrelationship of the body, mind, and consciousness, and prevention of the imbalance of three energy sources (vatta, pitta, and kapha) is a key component.
Bad Debt Expense
An estimate of receivables that a company does not expect to collect, recognized as an expense in the income statement.
Open Account
A type of credit arrangement where goods and services are delivered with the understanding that payment will be made at a later date.
Interest-Bearing Note
A debt instrument in which the borrower promises to pay the lender a fixed amount of interest in addition to repaying the principal.
60-Day Note
Definition: A financial instrument, or promissory note, that requires the borrower to pay back the principal balance along with any interest in 60 days.
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