Multiple Choice
The due date of a promissory note is specified as 90 days after April 15. The due date is _____.
A) July 14
B) July 13
C) July 01
D) July 31
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: The discount period of a note consists
Q2: On May 15, Winterz Company received a
Q3: Jenny Cosmetics bought $1,000 worth of merchandise
Q4: Ross Company holds a 90-day, 6 percent
Q5: In discounting notes receivable, a financial institution
Q7: In discounting a note payable, the principal
Q8: A note is considered discounted when its
Q9: Which of the following is true about
Q10: Omega Company granted an extension on an
Q11: A company bought merchandise worth $800 on