Question: Short - term notes payable: 1 points 0 1 : 2 9 : 4 8 Multiple Choice Cannot replace an account payable. Can be issued
Shortterm notes payable:
points
::
Multiple Choice
Cannot replace an account payable.
Can be issued in return for money borrowed from a bank.
Are normally categorized as noncurrent liabilities.
Are a conditional promise to pay.
Rarely involve interest charges.
In
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