This account includes all secured and unsecured notes payable due within twelve months that cannot be separately identified as due to banks or current maturities. Accounts such as Bills Payable, Commercial Paper, Short-Term Borrowings and Trade Acceptances may be included under this heading. Notes payable to related parties (shareholders, employees, management)who may be able to effect prepayment as a result of intimacy with the company or control over it should be included in this classification regardless of stated maturity, unless they are fully subordinated to bank loans.

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