Question: A short - term note payable: 0 2 . 1 1 . 4 8 Multiple Choice Book Is a contingent liability. Is a written promise

A short-term note payable:
02.11.48
Multiple Choice
Book
Is a contingent liability.
Is a written promise to pay a specified amount on a stated future date within one year.
Is not a liability until the due date.
Is an estimated liability.
Cannot be used to replace an account payable.
A short - term note payable: 0 2 . 1 1 . 4 8

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