[umo78]

Would revolving debt (credit cards) be included in Notes Payable In One Year Less or in Notes Payble in One Year or More

[morgaine300]

Credit cards are intended to be paid short-term. And quite personally, I would put them Accounts Payable. Even though you've made an agreement to pay them, and even though they can charge interest and late charges and all that, they're not really a promissory note. I'd be tempted to create a separate account for them, even calling it Credit Card Payable or something.