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A company uses $100,000 in cash to pay off $100,000 in notes payable. This would result in a: * I $100,000 debit to Cash and

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A company uses $100,000 in cash to pay off $100,000 in notes payable. This would result in a: * I $100,000 debit to Cash and a $100,000 debit to Notes Payable. $100,000 credit to Cash and a $100,000 credit to Notes Payable. $100,000 debit to cash and n $100,000 credit to Notes Payable. $100.000 credit to Cash and a $100,000 debit to Notes Payable

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