oboloo Glossary

Notes Payable Balance Sheet

oboloo Glossary

Notes Payable Balance Sheet

Notes Payable Balance Sheet Definition

A note payable balance sheet is a financial statement that lists a company’s notes payable, which are debts owed to creditors. The balance sheet includes the following information:

-The name of the creditor

-The amount of the debt

-The interest rate on the debt

-The maturity date of the debt

-The collateral for the debt

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