On this ______day of ______, in the year 20____, before me,. "Explore our page to understand how to use a receipt for acknowledging payments legally in any transaction.An acknowledgment is one of the most common types of notarial acts, but it often confuses Notaries. Here are 5 steps to performing an acknowledgment. Search our library of forms. A form for the employee to sign acknowledging receipt of the policies. Following are samples of these provisions. In the opening paragraph, clearly state the purpose of the IOU letter, which is to acknowledge the debt or financial obligation. Pursuant to Utah Code Ann. Generous University of Utah donors support many scholarships on campus and a wellwritten thank you note can go a long way.