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5 What are the steps to record borrowing on a note payable? Chapter 6 Matching Operating activity Investing activity c . Financing activity d .

5 What are the steps to record borrowing on a note payable?
Chapter 6 Matching
Operating activity
Investing activity
c. Financing activity
d. Fixed assets
. Long-term investment
Common stock
Dividends
Long-term debt
i. Bank deposit
j. Journal entry
Long-term tangible property that a firm owns
Distribution of earnings to shareholders
A stockholders' equity account
Used to record purchase of a fixed asset for a no
A five-year note payable
Sales receipt
A financial instrument that matures in more than
Used to record amounts received from a note pay.
Sale of common stock
Purchase of common stock
Chapter 6 caces
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