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2 years ago
A major difference between Accounts Payable and Notes Payable is that:
A) only Accounts Payable are classified as current assets.
B) Notes Payable are more formal than Accounts Payable.
C) only Notes Payable charge interest.
D) Notes Payable are only long-term assets.
Textbook 
Financial Accounting
Edition: 3rd
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2 years ago
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C
1
Massachusetts Institute of Technology
-- Accounting
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