Even if your business doesn't center around banking, it may involve a loan occasionally. Suppose you're a metal company, and a customer wants to buy tungsten now and pay later. You sell $5,000 worth ...
A dishonored note is a promissory note that has not been paid by a debtor in a reasonable amount of time, causing the creditor to write off the recorded revenue as bad debt. With a promissory note, a ...
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