notes payable

Popular Terms
Written promises to pay stated sums of money at future dates, classified as current (if due within 12 months) or non-current (if due after 12 months) of the balance sheet date.

Use 'notes payable' in a Sentence

The notes payable were useful in presenting our current fiscal situation to the new contractors who were analyzing our situation.
17 people found this helpful
Knowing what your notes payable are will tell you how much money your business owes to other people or companies.
15 people found this helpful
The company requested that the notes payable that they had previously agreed on be amended due to changes in circumstances.
14 people found this helpful

Email Print Embed

Mentioned in These Terms