Question: Both Notes Payable and Bonds Payable are covered in chapter 10. Name one similarity and one difference between Notes and Bonds Payable. Provide a brief

Both Notes Payable and Bonds Payable are covered in chapter 10.

Name one similarity and one difference between Notes and Bonds Payable.

Provide a brief explanation (in your own words) of how Bonds Payable work from the business perspective (issuer).

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