Please Define the Following Key Terms

question 2

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-the Bastille

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Definitions:

Note Payable

A written promise to pay a specified amount of money, often bearing interest, at a future date.

Federal Income Tax

A tax levied by the United States Internal Revenue Service on the annual earnings of individuals, corporations, trusts, and other legal entities.

Withholding Allowances

The exemptions claimed by an employee on their W-4 form to determine how much of their income is withheld for taxes.

Accounting Period

A specific time range for which financial statements are prepared, often quarterly or annually, to present the financial status and performance of a company.