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How to write a debt note

Receipt

Today I receive the payment of the debt owed by so-and-so in capital RMB yuan (lowercase yuan). As of now, XX still has a balance of RMB (uppercase Yuan) (lowercase Yuan) that has not been paid off.

Signature:

Year, Month, Day

IOU

I went to Company B today to buy a pack of fertilizer for a total of RMB 100. Twenty (120.00) yuan, temporarily on credit.

Owner's unit: A's signature (or seal)

Year, month and day.

You can also stipulate in the IOU the time limit for repaying the debt and the liability for breach of contract.

The law stipulates that the legal statute of limitations for IOUs is 2 years. For IOUs that indicate the date for the performance of the debt, the statute of limitations shall be calculated from the date on which the date for payment of the debt is stated. For IOUs that do not indicate the date of performance, For an IOU with a date for repaying the debt, the statute of limitations shall be calculated from the second day when the debtor issues the IOU.

In addition, if the legal statute of limitations has expired, but the debtor voluntarily performs the repayment of the debt, it is not subject to the limitation of the statute of limitations.