View the step-by-step solution to:

e difference between a note payable and an accounts payable transaction? Would a note payable show up on an accounts payable schedule? Why or why not?...


What is the difference between a note payable and an accounts payable transaction? Would a note payable show up on an accounts payable schedule? Why or why not?

Top Answer

The notes payable and accounts payable are both reported in the... View the full answer

Sign up to view the full answer

Other Answers

The note payable is the debt taken by the business by issuing the promissory notes. The accounts payable are... View the full answer

Accounts Payable: When a company purchases goods and/or services on credit then the amount... View the full answer

11652097.JPG

Notes Payable is debt that company owe to bank or... View the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online