How to Write a Binding Promissory Note. Learn what you need to include in a promissory note to make it legally binding. Whether your business is loaning money to someone or you are personally loaning money, when you write a binding promissory note, it is a legal contract between the lender and the borrower.ow to Write a Binding Promissory Note. Learn what you need to include in a promissory note to make it legally binding. Whether your business is loaning money to someone or you are personally loaning money, when you write a binding promissory note, it is a legal contract between the lender and the borrower.
Acquisition cost for equipment, for example, means the net invoice price of the equipment, including the cost of any modifications, attachments, accessories, or auxiliary apparatus necessary to make it usable for the purpose for which it is acquired.
In this IRM, the terms below have the following meanings: Acquisition Cost - The original cost of an asset to the Government, which is the amount recorded in the financial and accounting records. This includes all costs incurred to bring the asset to a form and location suitable for its intended use.