A business purchased equipment toy issuing a one-year eote puyable The en in artiount of the note is due at the end of one yeor. Feosiding the: transaction recultes a/an: a Withdrawal accourit to be debited, an assec io bu cridited. b. asset to be debited, a liability to be credited. c liability to be debied. an asset to be credited. d) asset to bee debited, capital to be credited Question 7 (1 point) An unconditional written promise to pay a definite sum of money on demand or on a defined future date (or dates) is a(n): a Unearned revenue b Account payable c Promissory note. d Prepaid expense