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A company uses $100,000 in cash to pay off $100,000 in notes payable. This would result in a: a. $100,000 credit to cash and a
A company uses $100,000 in cash to pay off $100,000 in notes payable. This would result in a: a. $100,000 credit to cash and a $100,000 credit to notes payable. b. $100,000 debit to cash and a $100,000 debit to notes payable. c. $100,000 credit to cash and a $100,000 debit to notes payable. d. $100,000 debit to cash and a $100,000 credit to notes payable
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