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