N niyati Member Jun 28, 2025 #1 I have seen the term note payable as I am reviewing financial statements. What is a note payable explained simply?
I have seen the term note payable as I am reviewing financial statements. What is a note payable explained simply?
G Gsusangrey New member Jun 28, 2025 #2 A note payable is a written promise to pay a specified amount of money by a certain date, often with interest. It represents a formal loan agreement between a borrower and lender.
A note payable is a written promise to pay a specified amount of money by a certain date, often with interest. It represents a formal loan agreement between a borrower and lender.