Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
Payment made for the use of borrowed money is called interest. Interest expense is shown on an income statement as a non-operating expense.
A person who lends money is called a money lender or a Creditor. A person who lends the use of goods and services is called a Renter or a Seller.
payment
A direct money payment to the unemployed during WWII was called relief.
a bill
No, taping money is not a valid form of payment as it can damage the currency and make it unusable.
It is called your payment. Or the very formal term your salary but that depends on the consistent payment. Rather go with payment.
The money given to settle a debt is called a payment.
Intrest
people who work, without wanting money, are called volunteers.
Use the memo line on the check for explanation of payment or definitely get a receipt for payment