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How to Account for an Installment Note
8:53
YouTubeEdspira
How to Account for an Installment Note
With installment notes, the borrower is periodically paying down the principal (in installments) instead of paying the principal with a single, lump-sum payment when the note matures. The borrower makes periodic payments, with a portion of each payment going toward interest and the remainder being applied to the outstanding principal. While ...
3.6K viewsSep 11, 2023
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146K views · 825 shares | A WEEK OF FIGHTS: The first installment of the new year ladies and gentlemen. Enjoy! #BigFoote | Gloves Off Hockey | Facebook
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