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A note payable is a financial document considered a liability that represents that it records that the company that signs it has the obligation to pay on the specific date.
<h3>What is a note payable?</h3>
It is a document that commits its issuer (the company) to pay a certain amount, within a specific period.
Its characteristic is the exchange action, which refers to the document being returned to the subscriber in exchange for payment.
Therefore, we can conclude that a note payable is a financial document considered a liability that represents that it records that the company that signs it has the obligation to pay on the specific date.
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Answer:
so basically anyhting over 295 :)
Explanation:
331.35 = 175 + (0.53m)
156.35 = 0.53m
295 = m
You can learn about the financial strength of an insurance company by checking<u> Standard & Poor's</u> rating system.
Monetary typically refers to cash matters or transactions of some length or importance: a financial wizard. fiscal is used particularly in reference to authorities' finances, or the ones of any enterprise: the top of the monetary yr. financial relates especially to cash as such: an economic device or standard.
Money is a part of finances, but finance consists of numerous different things as properly. money acts as a medium of alternate, shop of cost, a unit of account, and sometimes it is able to additionally act as a widespread for deferred bills. Finance: that is the observation of money and entails planning to apply it.
Economic motives mean that respondents did not observe for legal useful resources because they didn't assume they could be eligible beneath a means take a look at or had been refused felony aid due to the fact they failed a means test.
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