Logo
Home Study Material Contact Search
AI Chat FREE
  1. sciences
  2. biology
  3. when goods, services, or money are received in exc

When goods, services, or money are received in exchange for a promise to pay a...

80.2K

Verified Solution

Question

Biology

image

When goods, services, or money are received in exchange for a promise to pay a sum of money at a future date, it is calledcreditInterestborrowing

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

1) there are a few types of reciprocity shared: generalized reciprocity, balanced reciprocity, and negative reciprocity....

Mechanical Engineering
1.2K views

Explain the general concept behind rotary aircraft structure and construction methods. And describe the airworthiness requirements applicable...

Biology
1.2K views

From deep to superficial the layers of the epidermis of thin skin are A stratum...

Basic Math
1.2K views

Graph the line with slope b 1 5 passing through 0 3 3 10 2...

Basic Math
1.2K views

K Consider the universal set U ice cream hat sofa potato chip flat screen TV...

Statistics
1.2K views

represent barrels of oil consumed by two countries Does the graph distort the data or...

Calculus
1.2K views

1 point A 10 kilogram object suspended from the end of a vertically hanging spring...

Algebra
1.2K views

To measure the area of a quadrangle, two students decided to walk along two sides...

Accounting
1.2K views

^^^^ IGNORE NUMBERS ABOVE THIS IS JUST THE LAYOUT OF THE QUESTION ^^^^ ...

Accounting
1.2K views

On January 1, 2015, Day Corp. entered into a 10-year lease agreement with Ward, Inc....

Accounting
1.2K views

LLMUNSIAIUS: 10 8 10 11 12 14 15 16 24 17 18 19 20 21...

Accounting
1.2K views

The following information applies to the questions displayed below.) The notes to a recent annual...