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How would you describe the accounting procedures for notes payable and accounts payable?

How would you describe the accounting procedures for notes payable and accounts payable?


Week Three DQ 2
Due Day 4
Please post a 150-300-word response to the following discussion question by clicking on Reply.


How would you describe the accounting procedures for notes payable and accounts payable?


TUTORIAL PREVIEW
(2) usually require the borrower to pay interest and frequently are issued to meet short-term financing needs.
(3) are issued for varying periods of time 

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