Match the terms with the definitions.
-The specific person or business to whom a note is payable.
A)term of the note
B)accrued interest on notes receivable
C)bank discount (note payable)
D)bank discount (note receivable)
E)contingent liability
F)rate of interest
G)discounting (note payable)
H)payee
I)notes receivable register
J)non-interest-bearing note
K)interest-bearing note

Question

Quizplus · Accepted Answer

The payee is the specific person or business to whom a note is payable.

Match the Terms with the Definitions