What are notes payable? - Questions & Answers - AccountingTools

What are notes payable? - Questions & Answers - AccountingTools

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日期:2025-10-08
A note payable is a written promissory note. Under a note payable agreement, a borrower obtains a specific amount of money from a lender and promises to pay it back with interest over a predetermined time period. The interest rate may be fixed over the li...看更多