Question

Note Payable (not due within 12 months)

a) Current Asset
b) Long-term Investments
c) Property, Plant and Equipment
d) Intangible Assets
e) Current Liability
F) Long-term liabilities

Answer 1

A Note Payable that is not due within 12 months falls under the category of Long-term liabilities on a balance sheet.

Step-by-step explanation:

The subject of this question is Business and the grade level is High School.

A Note Payable that is not due within 12 months falls under the category of Long-term liabilities on a balance sheet. It represents a loan or debt obligation that a company or individual owes, but it is not expected to be repaid within the next year.