Accounts payable and notes payable are:
A) Always less than the amount of cash a business owns.
B) Creditors.
C) Written promises to pay a certain amount, plus interest, at a definite future date.
D) Liabilities.

Question

Quizplus · Accepted Answer

The Answer of Accounts payable and notes payable are:
A) Always less than the amount of cash a business owns.
B) Creditors.
C) Written promises to pay a certain amount, plus interest, at a definite future date.
D) Liabilities.

Accounts Payable and Notes Payable Are