Life on our planet is made up of an incredible variety of carbon molecules, and, in essence, life processes are carbon chemistry. Conversely, the carbon cycle, which can be viewed as the movement of carbon atoms through various places of storage on Earth, called reservoirs, is intimately tied to life processes.xamples of reservoirs are the ocean, the atmosphere, the biosphere, the soil carbon, the carbonate sediments, and the organic carbon sediments.. The fluxes between them describe the rate at which atoms move from one reservoir into another.
A loan agreement is: 1  A borrower's written promise to repay a sum of money, or principal, to the lender.  A document that outlines the terms of a loan, including a repayment plan, between a lender and a borrower.
In other words, a note receivable is lenderâs contract with the borrower. It entitles the lender to receive principle and interest payments from the borrower in the future. What Does Note Receivable Mean? Basically, a receivable is the opposite side of the transaction from the payable. The lender records a note receivable as an asset on its balance sheet while the borrower records a note payable as a liabilityon its balance sheet. This is how every bank loan and mortgage is recorded.