Notes payable is accounting-speak for promissory notes, written commitments that say you've borrowed money and have to pay it back. Like other outstanding debts, notes payable affect your bottom line.

Companies use financial statements -- income statements, balance sheets and cash flow statements -- to track and assess their operational and financial performance. According to a survey administered ...

Remaining conversion of notes payable to common stock at current share prices completes the full repayment of all Notes Payable of the Company Company intends to maintain its debt-free balance sheet ...