Examlex
Jose, single, had the following items for 2016:
Interest
The cost of borrowing money or the return on investment for the lender, expressed as a percentage of the principal.
Note Receivable
A written promise for amounts to be received by one party from another, typically including the terms for repayment.
Maturity Date
The specified date on a financial instrument when the principal is due to be paid back in full to the lender.
Cash Received
Funds that are taken in by a business, representing inflow from sales, investments, financing, and other sources.
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