A promissory note is a legal document representing a binding contract in which one party loans a fixed amount of money to another party. The document contains the loan's repayment schedule, any ...

Some examples of current liabilities that appear on the balance sheet include accounts payable, payroll due, payroll taxes, accrued expenses, short-term notes payable, income taxes, interest payable, ...

The money a corporation borrows by issuing a notes payable must be repaid to the lender with interest. All transactions related to the note and the exchange of monies between the borrower and lender ...

If you're lending to a relative or friend, you'll want to craft a written agreement. This sample promissory note (also available in Microsoft Word, PDF and plain text downloadable files) spells out ...

Bonds and notes payable are two types of debt that companies can access to raise capital. Technically speaking, both are written agreements between the company and the lender defining how much will be ...