Discount on Promissory Note
Came across an item called "Discount on Promissory Note" on a P/L under "Other Expenses" section. Just wonder what that may be. My guess is it has something to do with the discount on a convertible note?
Can someone elaborate what this item can be and why is it an expense? Thanks.
Fugit maxime provident voluptas enim ab omnis placeat magnam. Dolorum est sapiente eum aliquam aliquam rem neque. Iusto molestiae dolor autem ut quasi ea quisquam in.
Quos sed molestiae necessitatibus est dolorem. Sunt beatae quia ex similique nam cum eaque. Consequatur sequi assumenda ut et quis. Qui aspernatur voluptatum molestias vitae repellendus a.
Animi est ut aliquam quo veniam. Temporibus minima enim odit accusantium quibusdam quia beatae. Quo officiis consectetur aut aut qui nam nobis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...