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Illusion [34]
3 years ago
7

The maturity date of a note receivable: Multiple Choice

Business
1 answer:
zhannawk [14.2K]3 years ago
8 0

Answer:

a) Is the day the note is due to be repaid.

Explanation:

A note receivable is a written commitment to receive an amount of money on a certain date and the maturity date refers to the day in which the complete amount needs to be fully paid. This date lets the lender know when he/she will receive all of the money back.

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