City of Wasco, CA Demographic Information. * Demographic data is based on information taken from the 2000 Census. City of Wasco, CA covers 1 Area Code.
The notes to the financial statements also must disclose claims by creditors against the assets of the company. The note shows how the company is financing present and future costs. It also gives the user of the financial statements a look at future cash flows, which can affect the payment of dividends.
Promissory notes are a useful way to establish a clear record of a loanâwhether between entities or individualsâand to put all the relevant terms in writing, so that there can be no question about the amount of money lent and when payments are due.