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متابعة

What are Notes Payable and What is the accounting treatment for Notes Payable? Briefly explain.

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تم إضافة السؤال من قبل Mohamed Hakeem Meerashahib , Branch Manager , Sri Lanka State Trading (General) Corporation
تاريخ النشر: 2016/04/20
Aliyu Ahmed Alhaji
من قبل Aliyu Ahmed Alhaji , Teacher , Wuraola Group of School, Ogun state

Note payable are note that is entitled to be paid by business.it is treated as current liability in balance sheet accordance to prudence concept.

Nuridin Islam Diab
من قبل Nuridin Islam Diab , Training Manager , Bbusinesss LLE

I agree with Mr. Ahmed's answer.