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Scott from Simple Forms to Ark provides a tutorial on clearing a promissory note. To begin, users can locate the form under financial forms, where a prompt will appear for state-specific prescriptions, which can be adjusted as needed. The form allows for flexible data entry, such as adding a payment schedule or interest by simply clicking 'yes' to those options. After filling in the necessary information, users can review and edit their promissory note before finalizing it. Once satisfied, they can add the agreement to their account and include any additional notes as needed.