Non-interest Bearing Notes - ACCT 284, Iowa State University

2. Non-interest Bearing Notes

in Topic 9 (Video 2 of 3)

6 minutes

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"Non-interest bearing" is kind of a misnomer. You may not have to pay interest, but yo don't get all the cash up front, so it ends up being an interest expense anyway!

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1	Interest Bearing Notes	8:26
2	Non-interest Bearing Notes You are here.	6:16
3	Contingencies	5:58

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1	Liability Classification	Easy
2	Contingent Liabilities	Moderate
3	Contingent Liabilities - Warranties	Moderate

2. Non-interest Bearing Notes

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Topic 9 Practice Problems

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