I know that net borrowing is change in long and short term debt
Why is notes payable counted in net borrowing? I am always a bit confused by note payable and account payable, I know notes payable is not part of current liability, but it is part of total debt? Where is this detail coming from and what is notes payable and why is it treated like this, is this because it generates interest ? and account payable doesnt? so account payable is part of current liability? why is it that if you dont pay interest you are part of current liability?
And besides long term and short term debt and notes payable, what else is part of the total liability, which the rest we have excluded from net borrowing?