A written promise to pay a specified amount of money at a particular future date is called a(n):

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A promissory note is a written promise to pay a specified amount of money at a particular future date. A maturity note does not exist as a financial instrument. An account receivable is a debt owed to a company by its customers for goods or services sold on credit. Unearned revenue is a liability that arises when a company receives payment for goods or services that have not yet been provided.

A Written Promise to Pay a Specified Amount of Money