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Common receivables terms
TERMS:
1. Account receivable2. Promissory note3. Borrower4. Note receivable5. Maturity date6. Creditor
DEFINITIONS:
A. Transaction results in a liability for this partyB. Transaction results in a receivable for this partyC. The debtor promises to pay the creditor a definite sum at a future date usually with interestD. Amounts to be collected from customers from sales made on creditE. Serves as evidence of the indebtedness and includes the terms of the debtF. The date a note is due to be paid in full
Requirement
1. Match the terms with their correct definition.
kellys boutique nbspcash budgetsee the attachment for full information about nbspkellys boutiquenbspattachment- unit 7
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