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ABC company took a loan $5,000 from the bank on Jan. What is the correct accounting treatment? Select one or more O a Debit Notes

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ABC company took a loan $5,000 from the bank on Jan. What is the correct accounting treatment? Select one or more O a Debit Notes Payable 5,000 and Debit Cash 5,000 b. Credit Notes Payable 5,000 and Debit Cash 5.000. c. Debit Cash 5,000 and Credit Notes Payable 5,000 d. Credit Notes Payable 5,000 and Credit Cash 5,000

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