Question: Notes payable can be defined as Blank _ _ _ _ _ _ . Multiple choice question. long - term liabilities that represent money lent

Notes payable can be defined as Blank______.
Multiple choice question.
long-term liabilities that represent money lent to the firm that must be paid back
current liabilities involving money owed to others but not yet paid for
short-term or long-term liabilities that a business promises to repay by a certain date
assets pledged as collateral to a borrower

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