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    Fundamental Accounting Principles Study Set 8
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    Exam 10: Current Liabilities
  5. Question
    Short-Term Notes Payable
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Short-Term Notes Payable

Question 36

Question 36

Multiple Choice

Short-term notes payable:


A) Are usually interest bearing.
B) Are recorded as current liabilities.
C) Usually represent money borrowed from a bank.
D) Can replace an account payable.
E) All of these answers are correct.

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