Question: 2 . What is a discount on notes payable as it relates to zero interest bearing notes payable?a . The discount represents the lender's costs

2. What is a discount on notes payable as it relates to zero interest bearing notes payable?a. The discount represents the lender's costs to underwrite the not. b.The discount represents the credit quality of the borrower.c. The discount represents the cost of borrowing.d. The discount represents the allowance for uncollectible amounts,

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