Question: Short - term notes payable: Cannot replace an account payable. Can be issued in return for money borrowed from a bank. Are normally categorized as

Short-term notes payable:
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.
Short-term notes payable: Cannot replace an account payable. Can be issued

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