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  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 2: Accounting System and Financial Statements
  5. Question
    A Written Promise to Pay a Definite Sum of Money
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A Written Promise to Pay a Definite Sum of Money

Question 62

Question 62

Multiple Choice

A written promise to pay a definite sum of money on a specific future date is a(n) :


A) Unearned revenue
B) Prepaid expense
C) Credit account
D) Note payable
E) Account receivable

Correct Answer:

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