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A company's beginning Notes Payable is $ 1 0 0 , 0 0 0 . It borrowed $ 5 0 , 0 0 0 by

A company's beginning Notes Payable is $100,000. It borrowed $50,000 by issuing a promissory note to the bank and repaid $60,000 of the amounts owed. The Notes Payable ending balance equals a Blank______ balance.
Multiple choice question.
$90,000 debit
$90,000 credit
$210,000 debit
$110,000 debit
$110,000 credit
$210,000 credit

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