Examlex
Which of the following characteristics is NOT common to all four of Darden Restaurants' supply channels?
Installment Note
A loan that requires regular payments, or installments, of principal and interest over a set period, often used for buying large, expensive items.
Journal Entry
A record in accounting that represents a transaction or financial event affecting the entity's financial statements, involving at least one debit and one credit.
Annual Year-End
The conclusion of a 12-month financial year period on which a company's annual financial statements are based.
Installment Note
A loan or credit agreement that requires a fixed number of payments over a specified period of time.
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