举一反三
- When a note is discounted at the bank, the maker must make good on the note if the payee defaults.
- If the maker of a promissory note fails to pay the note on the due date, the note is said to be ____. A: displaced B: disallowed C: dishonored D: discounted
- In a bank reconciliation, a bank collection of a note receivable is:
- SAFE is different from convertible note because convertible note does not have interest rates while SAFE has.
- Interest due on a note payable to First National Bank at December 31 equals $125. What adjusting entry is required to accrue this expense?
内容
- 0
The category "Other Receivables" on the balance sheet includes: A: Accounts Receivable, Interest Receivable. B: Notes Receivable, Accounts Receivable, Interest Receivable. C: Interest Receivable, Dividend Receivable, Advances to employees. D: none of the above.
- 1
Which of tile following does not belong to current assets A: cash B: account payable C: account receivable D: note receivable
- 2
The drawer of a promissory note is the principal debtor of the note, even if it is atime note, it is not necessary to go through the acceptance formalities.
- 3
In the blues, what is a blue note? A: .The note that the song ends on. B: .A note that sounds particularly sad. C: .A note that sounds particularly happy. D: .The notes that are played on the guitar.
- 4
The maturity date of a note refers to the date the note must be repaid.