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Lancaster Enterprises is a very large manufacturing company. Lancaster's balance sheet reflects a note payable of $ 1 0 0 , 0 0 0 due
Lancaster Enterprises is a very large manufacturing company. Lancaster's balance sheet reflects a note payable of $ due in months to US Bank. Which type of financing does the note represent? Bank loan Trade credit Accrual Commercial paper
Lancaster Enterprises is a very large manufacturing company. Lancaster's balance sheet reflects a note payable of $ due in months to US Bank. Which type of financing does the note represent?
Bank loan
Trade credit
Accrual
Commercial paper
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