menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting Study Set 5
  4. Exam
    Exam 17: Accounting for Notes and Interest
  5. Question
    The One Who Is to Receive the Specified Amount of Money
Solved

The One Who Is to Receive the Specified Amount of Money

Question 94

Question 94

Multiple Choice

The one who is to receive the specified amount of money from a note is called the


A) maker of the note.
B) payee of the note.
C) discounter of the note.
D) endorser of the note.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q87: In calculating interest on a note, it

Q88: The account, Discount on Notes Payable, is

Q89: Prepare the general journal entries for Infinity

Q90: Match the terms with the definitions.<br>-A written

Q91: Face value of a note plus interest

Q92: The account, Discount on Notes Payable, is

Q93: Under accrual accounting, revenue is recognized when

Q95: The maker of the note is the

Q96: A 90-day note dated July 9 would

Q97: A promissory note must be signed by

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines