A five-year note payable would appear on the balance sheet as a(n) a.disclosure in the notes only. b.long-term liability for the entire amount owed. c.current liability for any portion due within one year. d.intangible asset.

current liability for any portion due within one year

Explanation:

Notes payable are referred to as the written agreements whereby one party agrees to pay the other party a certain amount of money.

It should be noted that on the balance sheet, notes payable will appear as liabilities. In a situation when the amount is due within a year, then it's considered to be current liabilities while it's regarded as a long-term liability when it's more than a year,

It should be noted that a five-year note payable would appear on the balance sheet as current liability for any portion due within one year.

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Step-by-step explanation: