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Which of the following statements is true? Notes payable usually require the borrower to pay interest. U Most notes payable and bank loans are non-interest

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Which of the following statements is true? Notes payable usually require the borrower to pay interest. U Most notes payable and bank loans are non-interest bearing. O A non current notes payable is expected to be paid within one year. Notes payable do not require repaying a specified amount of money either at a fixed future date or on demand None of the above

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