The day a note is signed is called the _______.

You are watching: The maturity value of a note is the ________.

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problem date
The ________ of bookkeeping calls for that amounts be reported on the financial statements in a method that is least most likely to overstate revenue or assets.conservatism principle
The ______ is the major plus the interest that must be phelp when the note becomes due.maturity value
A(n) ________ is a financial record, such as a inspect, that transfers ownership from one perkid to an additional.negotiable instrument
The size of time in between the concern date of a note and also the day the note becomes due is referred to as its ________.term
A(n) _______ is a financial institution charge made on the endorser for a discounted note that is dishonored.protest fee
The due day or the day on which a note need to be paid is its ________.maturity date
_______ is the amount created on the front of a note.challenge value
A written agreement to pay a specific sum of money on demand also or on a specific day is referred to as a(n) ______.promissory note
The ________ is the amount of interest expressed as a portion of the major.interemainder rate
The _____ is the amount of money being borrowed.principal
With the ________, revenue is reported in the period as soon as it is earned and also costs are reported in the period in which they are incurred.accrual basis of accounting
The perchild or business promising to repay the major and interest is dubbed the ________ of the note.maker
A promissory note welcomed by a person or service is dubbed a(n) _______.note receivable
____ is revenue that has been earned yet not yet obtained.accrued revenue
The perboy or business to whom a note is payable is called the _______.payee
A(n) _______ is an order by one party to a 2nd party to pay a particular sum of money to a 3rd party.draft
_______ is a fee charged for the use of money.interest
If a business or person stops working to pay or rebrand-new a note once it becomes due, the note is referred to as a(n) _______.dishonored note
A(n) ____ is distinct kind of draft that outcomes from the sale of merchandise; it is accounted for as a note receivable.trade acceptance
Notes that a service sells to the bank for cash fairly than holding them until they end up being due are referred to as _________.discounted notes receivable
The ________ is the interest charge the bank deducts in advance for a note.financial institution discount
The ______ is the amount of cash actually got as soon as a service discounts a note receivable.proceeds
The number of days between the day a note is sold to the financial institution and the date the note becomes due is the ________.discount period
A(n) ______ is the duty assumed by the endorser to pay a discounted note at maturity if the maker does not.

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contingent liability
A note that needs the primary plus interest to be rephelp at maturity is dubbed a(n) ________.interest-bearing note
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