Non-interest bearing notes are initially recorded at. a.present value, based on the prevailing interest for loans of this type. b. maturity value because they bear no interest. c. future value, based on the prevailing interest for loans of this typed. historical cost.

A present value, based on the prevailing interest for loans of this type

Explanation:

A non interest bearing note is a debt for which there is no documented requirement for the borrower to pay the lender any rate of interest. If such a note were to be resold to a third party, the debt would be sold at a discount to its face value, so that the third party purchaser would eventually realize a gain when it was redeemed by the borrower at its face value

the answer should be demonstrations i hope this

hello the answer is d