ABC Company engages in the following events: 1. ABC borrows cash at the local bank and signs a note. 2. ABC pays cash to buy 10 acres of land. 3. The advertising bill for the month is paid. The journal entry to record the 1st event entails: Select one a.Debit to accounts payable and credit to notes payable b.Debit to notes payable and credit to cash c.Debit to cash and credit to notes payable d.Debit to notes payable and credit to accounts payable