August 4. Borrowed $19,000 cash, signing a note payable. The asset, Cash, is ; therefore, Cash. The liability, Note Payable, is ; therefore, Prepare the journal entry. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts Debit Credit 4 each transactio Note Payable.

August 4, Borrowod $19,000 cash, signing a note payable. The asset, Cash, is ; therefore, Cash. The liability, Note Payable, is therefore, Note Payable