Difference between revisions of "Note payable"
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− | [[Note payable]] (plural is [[notes payable]]) is a promissory note from the maker's point of view. | + | [[Note payable]] (plural is [[notes payable]]) is a [[promissory note]] from the maker's point of view. |
Revision as of 03:12, 21 December 2018
Note payable (plural is notes payable) is a promissory note from the maker's point of view.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Note payable. A promissory note from the maker's point of view.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.