Question: Notes Payable will be appearing on which statement? a. Income statement b. Balance sheet c. Owners equity statement The owner invests personal cash in the

Notes Payable will be appearing on which statement?

a. Income statement

b. Balance sheet

c. Owners equity statement

The owner invests personal cash in the business. How it will affect Assets?

A. Increase

Incorrect

Incorrect

C. No Effect

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