Accounting for Long Term Notes Payable | Non Current Liabilities | Financial Accounting Course
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-04-03

IN this video, I explain the concept of notes payable. Notes payable is a liability account where a borrower records a written promise to repay the lender. The account Notes Payable is a liability account in which a borrower's written promise to pay a lender is recorded. 

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