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