Examlex
Issuance of a note by the issuer is recorded by crediting the Cash account and debiting the Note Receivable account.
Cash Equivalent
Short-term, highly liquid investments that can be readily converted to cash with insignificant risk of changes in value.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Financing Activities
Transactions and business events that affect long-term liabilities and equity of the company, such as issuing bonds or repaying bank loans.
Long-term Assets
Assets that are expected to provide economic benefits over a period longer than one fiscal year, such as land, buildings, and equipment.
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