Multiple Choice
Match the terms with the definitions.
-Transferring a note receivable to the bank for cash.
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
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