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Q 10.40: As a short-term financing option, what distinguishes a note payable from an account payable? A Notes payable usually requires the borrower to pay
Q 10.40: As a short-term financing option, what distinguishes a note payable from an account payable? A Notes payable usually requires the borrower to pay interest and accounts payable does not B Accounts payable usually requires the borrower to pay interest and notes payable does not. There is a limitation to the value of lending associated with a note payable. D There is a limitation to the value of lending associated with accounts payable
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