1.) Yazzi Company borrowed $40,000 from National Bank. Which of the following accounts should be credited?

Select one:

a. Notes Payableb. Cashc. Accounts Payabled. Capital Stocke. Accounts Receivable

2.) Which of the following isnotan operating activity? Select one: a. Purchasing inventory b. Paying taxes c. Collecting cash from customers d. Paying for rent e. Borrowing money from a bank

3.)Choose the answer which describes the accounts affected and their movements if a company collects on its accounts receivable. See Attachment for image Select one: a. Cash increases Accounts payable decreases b. Inventory increases Cash decreases c. Cash increases Accounts receivable decreases d. Cash decreases Accounts receivable decreases e. Inventory increases Accounts receivable increases