33 3 points Mortgage notes give the bank the right to take the borrower's assets identified in the mortgage if the borrower fails to make the required payments. True False 34 3 points Michael Inc. borrowed $8,000 cash from Fint Bank and signed a promissory note. What entry should Michael Inc record? O Debit Cash and credit Notes Payable for $8,000, O Debit Cash and credit Notes Receivable for $8,000 Debit Notes Payable and credit Cash for $8,000. Debit Notes Receivable and Credit Cash for $8,000, 35 points Lawrence Corp. suma 5100,000 of bonds at a promum; as a result, the company, O received more than $100.000 on the issue date received $100.000 on the issue date. will pay the bondholders more money on the maturity date than it received on the issue date received less than 100.000 on the issue date