A company's written promise to pay (in the form of a promissory note) a future amount is a(n):
Multiple Choice
Unearned revenue.
Prepaid expense
Credit account
Note payable.
Account receivable.

Respuesta :

The answer is Credit account
Baraq

Based on accounting principles, a company's written promise to pay a future amount is known as "Note payable."

This is because a Note Payable is a term that describes a financing tool or tender used by one party to depict his promises in writing to pay a specific amount of money to the other.

A note payable is often written with a defined date, which may be determined by the receiver of the debt payment on agreed terms.

Hence, in this case, it is concluded the correct answer is option D. "note payable."

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