menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 10: Current Liabilities and Payroll
  5. Question
    The Face Amount of a Promissory Note Is Called The
Solved

The Face Amount of a Promissory Note Is Called The

Question 57

Question 57

Multiple Choice

The face amount of a promissory note is called the:


A) discount of the note.
B) time of the note.
C) interest rate of the note.
D) principal of the note.

Correct Answer:

verifed

Verified

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

Related Questions

Q53: Which of the following accounting principles requires

Q54: Estimated warranty payable would be included in

Q55: A $20,000,3-month,8% note payable was issued on

Q56: In which of the following periods should

Q58: Archie's had sales of $6,758.The state sales

Q59: Which of the following is NOT an

Q60: Carter Company records sales on account of

Q61: Tom's gross pay for the week is

Q62: The person who promises to pay a

Q159: Parrish Sales withholds $720 from Art Parrish's

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