Multiple Choice
Match the terms with the definitions.
-A detailed auxiliary record of notes payable.
A) accrued interest on notes payable
B) time
C) proceeds (note receivable)
D) principal of the note
E) notes payable register
F) credit advice
G) maturity value
H) discounting a note receivable
I) dishonored
J) effective rate
K) promissory note
L) maker
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Match the terms with the definitions.<br>-The months
Q22: Match the terms with the definitions.<br>-A note
Q23: The net amount received from the bank
Q24: Match the terms with the definitions.<br>-The face
Q25: A promissory note is usually referred to
Q27: Match the terms with the definitions.<br>-The difference
Q28: In preparing the financial statements at the
Q29: Match the terms with the definitions.<br>-The amount
Q30: If the maker of a note does
Q31: Match the terms with the definitions.<br>-The specific