Match the terms with the definitions.
-The face amount of the note that the maker promises to pay at maturity. The base on which interest is calculated.
A) accrued interest on notes payable
B) time
C) proceeds (note receivable)
D) principal of the note
E) notes payable register
F) credit advice
G) maturity value
H) discounting a note receivable
I) dishonored
J) effective rate
K) promissory note
L) maker
Correct Answer:
Verified
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